2, ELFORD CLOSE, STREETLY, SUTTON COLDFIELD, B74 3LZ - £740,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ELFORD CLOSE is a very large detached house of 205m², built sometime between 2003 and 2006, which could now be worth an estimated £1,172,691. It was last sold for £740,000 in July 2007, which was around 245% above the average July 2007 detached price in the Walsall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 ELFORD CLOSE Sold Prices

Land registry data shows two sales for 2 ELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 2 ELFORD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 2 JUL	£740,000	£214,206	245% above HPI
2005 2 MAR	£625,000	£190,098	229% above HPI

2 ELFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 2 ELFORD CLOSE sales from March 2005 and July 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2005 sale was for 229% above the HPI. So the extrapolation line tracks at 229% above the HPI over time, until the July 2007 sale, where it rises to 245% above the HPI. The line then continues to track at 245% above the HPI.

What might 2 ELFORD CLOSE be worth now?

2 ELFORD CLOSE might now be worth an estimated £1,172,691.

This is based on house price inflation of 58.5%, between July 2007 and December 2024, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for 2 ELFORD CLOSE of £740,000 on 2nd July 2007. For the value to have increased from £740,000 to £1,172,691 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 ELFORD CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The July 2007 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELFORD CLOSE has not materially changed since July 2007.

How Large is 2 ELFORD CLOSE?

2 ELFORD CLOSE is 205m² according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Streetly, and where 2 ELFORD CLOSE lies on this distribution: 90% of detached houses houses are smaller than 2 ELFORD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Streetly.

2 ELFORD CLOSE: Plot and Title Map

2 ELFORD CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 2 ELFORD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 ELFORD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 ELFORD CLOSE?

2 ELFORD CLOSE is located in STREETLY, in the B74 postcode district. The below map shows the position of No. 2 on ELFORD CLOSE.