25, RICHMOND CLOSE, HOLLYWOOD, BIRMINGHAM, B47 5QD - £398,000

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.

25 RICHMOND CLOSE is a midsized extended detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £495,177. It was last sold for £398,000 in April 2018, which was around 5% below the average April 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

25 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 25 RICHMOND 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 25 RICHMOND 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
2018 18 APR	£398,000	£420,560	5% below HPI
1997 24 JAN	£110,500	£112,970	2% below HPI

25 RICHMOND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 25 RICHMOND CLOSE sales from January 1997 and April 2018 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 January 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 25 RICHMOND CLOSE be worth now?

25 RICHMOND CLOSE might now be worth an estimated £495,177.

This is based on house price inflation of 24.4%, between April 2018 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 25 RICHMOND CLOSE of £398,000 on 18th April 2018. For the value to have increased from £398,000 to £495,177 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 25 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The April 2018 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 25 RICHMOND CLOSE has not materially changed since April 2018.

How Large is 25 RICHMOND CLOSE?

25 RICHMOND CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hollywood, and where 25 RICHMOND CLOSE lies on this distribution: 40% of detached houses houses are smaller than 25 RICHMOND CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

25 RICHMOND CLOSE: Plot and Title Map

25 RICHMOND CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 25 RICHMOND 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 25 RICHMOND 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 25 RICHMOND CLOSE?

25 RICHMOND CLOSE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 25 on RICHMOND CLOSE.