3, CUTLERS ROUGH CLOSE, BIRMINGHAM, B31 1LX - £260,000

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.

3 CUTLERS ROUGH CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £321,464. It was last sold for £260,000 in February 2019, which was around 26% below the average February 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 CUTLERS ROUGH CLOSE Sold Prices

Land registry data shows two sales for 3 CUTLERS ROUGH 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 3 CUTLERS ROUGH 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 22 FEB	£260,000	£350,983	26% below HPI
2015 4 SEP	£205,500	£282,481	27% below HPI

3 CUTLERS ROUGH 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 3 CUTLERS ROUGH CLOSE sales from September 2015 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 September 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CUTLERS ROUGH CLOSE be worth now?

3 CUTLERS ROUGH CLOSE might now be worth an estimated £321,464.

This is based on house price inflation of 23.6%, between February 2019 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 23.6% inflationary increase is applied to the most recent sale price for 3 CUTLERS ROUGH CLOSE of £260,000 on 22nd February 2019. For the value to have increased from £260,000 to £321,464 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 CUTLERS ROUGH CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CUTLERS ROUGH CLOSE has not materially changed since February 2019.

How Large is 3 CUTLERS ROUGH CLOSE?

3 CUTLERS ROUGH CLOSE is 71m² according to the EPC inspection conducted in August 2015. 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 3 CUTLERS ROUGH CLOSE lies on this distribution: 6% of detached houses houses are smaller than 3 CUTLERS ROUGH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 CUTLERS ROUGH CLOSE: Plot and Title Map

3 CUTLERS ROUGH CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 CUTLERS ROUGH 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 3 CUTLERS ROUGH 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 3 CUTLERS ROUGH CLOSE?

3 CUTLERS ROUGH CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 3 on CUTLERS ROUGH CLOSE.