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
23 GREBE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £250,000 in December 2021, which was around 39% below the average December 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 23 GREBE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 23 GREBE 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 |
---|---|---|---|
2021 17 DEC | £250,000 | £409,123 | 39% below HPI |
1998 10 JUL | £68,500 | £105,333 | 35% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 23 GREBE CLOSE sales from July 1998 and December 2021 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 July 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
23 GREBE CLOSE is 66m² according to the EPC inspection conducted in July 2021. 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 23 GREBE CLOSE lies on this distribution: 4% of detached houses are smaller than 23 GREBE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
23 GREBE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 23 GREBE 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 GREBE 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.
23 GREBE CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 23 on GREBE CLOSE.