3, KINGSWOOD CLOSE, SHIRLEY, SOLIHULL, B90 3ET - £345,000

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 KINGSWOOD CLOSE is a midsized extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £401,298. It was last sold for £345,000 in November 2020, which was around 31% below the average November 2020 detached price in the Solihull local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

3 KINGSWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 KINGSWOOD 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 3 KINGSWOOD 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 6 NOV	£345,000	£501,421	31% below HPI
2010 13 SEP	£247,500	£350,605	29% below HPI

3 KINGSWOOD 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 3 KINGSWOOD CLOSE sales from September 2010 and November 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 September 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 KINGSWOOD CLOSE be worth now?

3 KINGSWOOD CLOSE might now be worth an estimated £401,298.

This is based on house price inflation of 16.3%, between November 2020 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 16.3% inflationary increase is applied to the most recent sale price for 3 KINGSWOOD CLOSE of £345,000 on 6th November 2020. For the value to have increased from £345,000 to £401,298 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 KINGSWOOD CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The November 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KINGSWOOD CLOSE has not materially changed since November 2020.

How Large is 3 KINGSWOOD CLOSE?

3 KINGSWOOD CLOSE is 138m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 3 KINGSWOOD CLOSE lies on this distribution: 59% of detached houses houses are smaller than 3 KINGSWOOD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Solihull.

3 KINGSWOOD CLOSE: Plot and Title Map

3 KINGSWOOD CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 3 KINGSWOOD 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 KINGSWOOD 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 KINGSWOOD CLOSE?

3 KINGSWOOD CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 3 on KINGSWOOD CLOSE.