3, OAKLAND CLOSE, SOLIHULL, B91 2QB - £474,000

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 OAKLAND CLOSE is a large detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £712,591. It was last sold for £474,000 in June 2015, which was around 22% above the average June 2015 detached price in the Solihull local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 OAKLAND CLOSE Sold Prices

Land registry data shows two sales for 3 OAKLAND 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 OAKLAND CLOSE sales were for above 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
2015 23 JUN	£474,000	£388,234	22% above HPI
2012 6 JUL	£395,000	£335,535	18% above HPI

3 OAKLAND 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 OAKLAND CLOSE sales from July 2012 and June 2015 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 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 OAKLAND CLOSE be worth now?

3 OAKLAND CLOSE might now be worth an estimated £712,591.

This is based on house price inflation of 50.3%, between June 2015 and March 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 50.3% inflationary increase is applied to the most recent sale price for 3 OAKLAND CLOSE of £474,000 on 23rd June 2015. For the value to have increased from £474,000 to £712,591 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 3 OAKLAND CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The June 2015 sale price of £474,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKLAND CLOSE has not materially changed since June 2015.

How Large is 3 OAKLAND CLOSE?

3 OAKLAND CLOSE is 150m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% 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 OAKLAND CLOSE lies on this distribution: 68% of detached houses houses are smaller than 3 OAKLAND CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Solihull.

3 OAKLAND CLOSE: Plot and Title Map

3 OAKLAND CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 3 OAKLAND 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 OAKLAND 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 OAKLAND CLOSE?

3 OAKLAND CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 3 on OAKLAND CLOSE.