23, PACKWOOD CLOSE, BENTLEY HEATH, SOLIHULL, B93 8AN - £425,000

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 PACKWOOD CLOSE is a large detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £520,452. It was last sold for £425,000 in February 2019, which was around 11% below the average February 2019 detached price in the Solihull local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

23 PACKWOOD CLOSE Sold Prices

Land registry data shows two sales for 23 PACKWOOD 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 Solihull local authority area for the corresponding sale date. Both of the two 23 PACKWOOD 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
2019 25 FEB	£425,000	£476,276	11% below HPI
2001 30 NOV	£167,000	£213,583	22% below HPI

23 PACKWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 23 PACKWOOD CLOSE sales from November 2001 and February 2019 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 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 23 PACKWOOD CLOSE be worth now?

23 PACKWOOD CLOSE might now be worth an estimated £520,452.

This is based on house price inflation of 22.5%, between February 2019 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 23 PACKWOOD CLOSE of £425,000 on 25th February 2019. For the value to have increased from £425,000 to £520,452 over the six years to February 2025, the following assumptions must hold true:

• The value of 23 PACKWOOD CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The February 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PACKWOOD CLOSE has not materially changed since February 2019.

How Large is 23 PACKWOOD CLOSE?

23 PACKWOOD CLOSE is 141m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bentley Heath, and where 23 PACKWOOD CLOSE lies on this distribution: 65% of detached houses houses are smaller than 23 PACKWOOD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.

23 PACKWOOD CLOSE: Plot and Title Map

23 PACKWOOD CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 23 PACKWOOD 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 PACKWOOD 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 PACKWOOD CLOSE?

23 PACKWOOD CLOSE is located in BENTLEY HEATH, in the B93 postcode district. The below map shows the position of No. 23 on PACKWOOD CLOSE.