2, HANWELL CLOSE, SUTTON COLDFIELD, B76 1UD - £300,000

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 HANWELL CLOSE is a large extended detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £376,368. It was last sold for £300,000 in April 2020, which was around 13% below the average April 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 HANWELL CLOSE Sold Prices

Land registry data shows four sales for 2 HANWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the four 2 HANWELL 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
2020 29 APR	£300,000	£344,991	13% below HPI
2009 16 NOV	£300,000	£238,794	26% above HPI
2005 1 JUN	£240,000	£238,283	1% above HPI
1998 17 JUL	£127,500	£103,301	23% above HPI

2 HANWELL 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 four 2 HANWELL CLOSE sales between July 1998 and April 2020 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 November 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 HANWELL CLOSE be worth now?

2 HANWELL CLOSE might now be worth an estimated £376,368.

This is based on house price inflation of 25.5%, between April 2020 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 25.5% inflationary increase is applied to the most recent sale price for 2 HANWELL CLOSE of £300,000 on 29th April 2020. For the value to have increased from £300,000 to £376,368 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 2 HANWELL CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The April 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HANWELL CLOSE has not materially changed since April 2020.

How Large is 2 HANWELL CLOSE?

2 HANWELL CLOSE is 154m², which includes four extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% 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 HANWELL CLOSE lies on this distribution: 69% of detached houses houses are smaller than 2 HANWELL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 HANWELL CLOSE: Plot and Title Map

2 HANWELL CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 HANWELL 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 HANWELL 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 HANWELL CLOSE?

2 HANWELL CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 2 on HANWELL CLOSE.