23, GREBE CLOSE, BIRMINGHAM, B23 7RW - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 GREBE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £270,390. It was last sold for £250,000 in December 2021, which was around 38% 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.

23 GREBE CLOSE Sold Prices

Land registry data shows two sales for 23 GREBE 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 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	£401,231	38% below HPI
1998 10 JUL	£68,500	£103,301	34% below HPI

23 GREBE 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 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 23 GREBE CLOSE be worth now?

23 GREBE CLOSE might now be worth an estimated £270,390.

This is based on house price inflation of 8.2%, between December 2021 and February 2025, 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 8.2% inflationary increase is applied to the most recent sale price for 23 GREBE CLOSE of £250,000 on 17th December 2021. For the value to have increased from £250,000 to £270,390 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 GREBE CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GREBE CLOSE has not materially changed since December 2021.

How Large is 23 GREBE CLOSE?

23 GREBE CLOSE is 66m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 23 GREBE CLOSE lies on this distribution: 4% of detached houses 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: Plot and Title Map

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.

Where is 23 GREBE CLOSE?

23 GREBE CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 23 on GREBE CLOSE.