23, CHESTNUT CLOSE, STREETLY, SUTTON COLDFIELD, B74 3EF - £344,000

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

23 CHESTNUT CLOSE is a very small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £504,005. It was last sold for £344,000 in June 2016, which was around 48% above the average June 2016 detached price in the Walsall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

23 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 23 CHESTNUT 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 23 CHESTNUT 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
2016 24 JUN	£344,000	£231,690	48% above HPI
2009 13 FEB	£238,000	£191,068	25% above HPI

23 CHESTNUT 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 23 CHESTNUT CLOSE sales from February 2009 and June 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 February 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 23 CHESTNUT CLOSE be worth now?

23 CHESTNUT CLOSE might now be worth an estimated £504,005.

This is based on house price inflation of 46.5%, between June 2016 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 46.5% inflationary increase is applied to the most recent sale price for 23 CHESTNUT CLOSE of £344,000 on 24th June 2016. For the value to have increased from £344,000 to £504,005 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 23 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The June 2016 sale price of £344,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHESTNUT CLOSE has not materially changed since June 2016.

How Large is 23 CHESTNUT CLOSE?

23 CHESTNUT CLOSE is 97m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% 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 23 CHESTNUT CLOSE lies on this distribution: 20% of detached houses houses are smaller than 23 CHESTNUT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Streetly.

23 CHESTNUT CLOSE: Plot and Title Map

23 CHESTNUT CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 23 CHESTNUT 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 23 CHESTNUT 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 23 CHESTNUT CLOSE?

23 CHESTNUT CLOSE is located in STREETLY, in the B74 postcode district. The below map shows the position of No. 23 on CHESTNUT CLOSE.