2, GRESLEY CLOSE, SUTTON COLDFIELD, B75 5HT - £465,000

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 GRESLEY CLOSE is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £580,810. It was last sold for £465,000 in June 2019, which was around 34% above the average June 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

2 GRESLEY CLOSE Sold Prices

Land registry data shows three sales for 2 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 2 GRESLEY 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
2019 24 JUN	£465,000	£346,512	34% above HPI
1999 17 SEP	£139,950	£112,370	25% above HPI
1997 7 AUG	£120,000	£97,118	24% above HPI

2 GRESLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 2 GRESLEY CLOSE sales between August 1997 and June 2019 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 September 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 GRESLEY CLOSE be worth now?

2 GRESLEY CLOSE might now be worth an estimated £580,810.

This is based on house price inflation of 24.9%, between June 2019 and December 2024, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 2 GRESLEY CLOSE of £465,000 on 24th June 2019. For the value to have increased from £465,000 to £580,810 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 2 GRESLEY CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRESLEY CLOSE has not materially changed since June 2019.

How Large is 2 GRESLEY CLOSE?

2 GRESLEY CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 2 GRESLEY CLOSE lies on this distribution: 51% of detached houses houses are smaller than 2 GRESLEY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 GRESLEY CLOSE: Plot and Title Map

2 GRESLEY CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 GRESLEY 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 GRESLEY 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 GRESLEY CLOSE?

2 GRESLEY CLOSE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 2 on GRESLEY CLOSE.