3, PRIORY CLOSE, LAPWORTH, SOLIHULL, B94 6JL - £520,000

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 PRIORY CLOSE is a small extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £619,516. It was last sold for £520,000 in July 2019, which was around 4% below the average July 2019 detached price in the Warwick local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

3 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 3 PRIORY 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 Warwick local authority area for the corresponding sale date. Two of the three 3 PRIORY CLOSE sales were for below the average price, whilst one was 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
2019 26 JUL	£520,000	£540,150	4% below HPI
2007 12 JUL	£395,000	£355,066	11% above HPI
1998 5 FEB	£135,000	£146,613	8% below HPI

3 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 3 PRIORY CLOSE sales between February 1998 and July 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 PRIORY CLOSE be worth now?

3 PRIORY CLOSE might now be worth an estimated £619,516.

This is based on house price inflation of 19.1%, between July 2019 and March 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 3 PRIORY CLOSE of £520,000 on 26th July 2019. For the value to have increased from £520,000 to £619,516 over the six years and four months to March 2025, the following assumptions must hold true:

• The value of 3 PRIORY CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The July 2019 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY CLOSE has not materially changed since July 2019.

How Large is 3 PRIORY CLOSE?

3 PRIORY CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where 3 PRIORY CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 PRIORY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

3 PRIORY CLOSE: Plot and Title Map

3 PRIORY CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 3 PRIORY 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 PRIORY 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 PRIORY CLOSE?

3 PRIORY CLOSE is located in LAPWORTH, in the B94 postcode district. The below map shows the position of No. 3 on PRIORY CLOSE.