26, MADLEY CLOSE, RUBERY, BIRMINGHAM, B45 9XA - £400,000

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

26 MADLEY CLOSE is a very large detached house of 174m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2020, which was around 8% below the average August 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

26 MADLEY CLOSE Sold Prices

Land registry data shows three sales for 26 MADLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 26 MADLEY 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
2020 27 AUG	£400,000	£434,589	8% below HPI
2015 24 JUL	£280,000	£345,758	19% below HPI
2007 27 JUL	£274,000	£312,777	12% below HPI

26 MADLEY 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 three 26 MADLEY CLOSE sales between July 2007 and August 2020 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 26 MADLEY CLOSE?

26 MADLEY CLOSE is 174m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 26 MADLEY CLOSE lies on this distribution: 84% of detached houses are smaller than 26 MADLEY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

26 MADLEY CLOSE: Plot and Title Map

26 MADLEY CLOSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 26 MADLEY 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 26 MADLEY 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 26 MADLEY CLOSE?

26 MADLEY CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 26 on MADLEY CLOSE.