2, WATERHAYNES CLOSE, REDNAL, BIRMINGHAM, B45 9LE - £177,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATERHAYNES CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £177,500 in August 2016, which was around 42% below the average August 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

2 WATERHAYNES CLOSE Sold Prices

Land registry data shows three sales for 2 WATERHAYNES 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 WATERHAYNES CLOSE sales were for below 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
2016 1 AUG	£177,500	£306,463	42% below HPI
2003 10 DEC	£124,950	£225,070	44% below HPI
2002 26 JUL	£109,950	£168,879	35% below HPI

2 WATERHAYNES 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 WATERHAYNES CLOSE sales between July 2002 and August 2016 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 December 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 WATERHAYNES CLOSE?

2 WATERHAYNES CLOSE is 69m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 2 WATERHAYNES CLOSE lies on this distribution: 5% of detached houses are smaller than 2 WATERHAYNES CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 WATERHAYNES CLOSE: Plot and Title Map

2 WATERHAYNES CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 WATERHAYNES 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 WATERHAYNES 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 WATERHAYNES CLOSE?

2 WATERHAYNES CLOSE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 2 on WATERHAYNES CLOSE.