3, WESTON CLOSE, DORRIDGE, SOLIHULL, B93 8BL - £525,000

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 WESTON CLOSE is a very small detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £642,911. It was last sold for £525,000 in February 2019, which was around 10% above the average February 2019 detached price in the Solihull local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

3 WESTON CLOSE Sold Prices

Land registry data shows two sales for 3 WESTON 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 WESTON 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
2019 13 FEB	£525,000	£476,276	10% above HPI
2015 20 JAN	£405,000	£385,840	5% above HPI

3 WESTON 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 WESTON CLOSE sales from January 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 January 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 WESTON CLOSE be worth now?

3 WESTON CLOSE might now be worth an estimated £642,911.

This is based on house price inflation of 22.5%, between February 2019 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 22.5% inflationary increase is applied to the most recent sale price for 3 WESTON CLOSE of £525,000 on 13th February 2019. For the value to have increased from £525,000 to £642,911 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 WESTON CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The February 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WESTON CLOSE has not materially changed since February 2019.

How Large is 3 WESTON CLOSE?

3 WESTON CLOSE is 116m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Dorridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dorridge, and where 3 WESTON CLOSE lies on this distribution: 14% of detached houses houses are smaller than 3 WESTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Dorridge.

3 WESTON CLOSE: Plot and Title Map

3 WESTON CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 WESTON 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 WESTON 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 WESTON CLOSE?

3 WESTON CLOSE is located in DORRIDGE, in the B93 postcode district. The below map shows the position of No. 3 on WESTON CLOSE.