3, WHEATCROFT CLOSE, SUTTON COLDFIELD, B75 5SU - £241,000

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 WHEATCROFT CLOSE is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £467,303. It was last sold for £241,000 in July 2009, which was around 7% above the average July 2009 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

3 WHEATCROFT CLOSE Sold Prices

Land registry data shows two sales for 3 WHEATCROFT 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 WHEATCROFT 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
2009 17 JUL	£241,000	£224,296	7% above HPI
2007 26 JAN	£280,000	£253,429	10% above HPI

3 WHEATCROFT 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 WHEATCROFT CLOSE sales from January 2007 and July 2009 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 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2009 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 WHEATCROFT CLOSE be worth now?

3 WHEATCROFT CLOSE might now be worth an estimated £467,303.

This is based on house price inflation of 93.9%, between July 2009 and July 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 93.9% inflationary increase is applied to the most recent sale price for 3 WHEATCROFT CLOSE of £241,000 on 17th July 2009. For the value to have increased from £241,000 to £467,303 over the sixteen years to July 2025, the following assumptions must hold true:

• The value of 3 WHEATCROFT CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2009 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATCROFT CLOSE has not materially changed since July 2009.

How Large is 3 WHEATCROFT CLOSE?

3 WHEATCROFT CLOSE is 104m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 3 WHEATCROFT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 WHEATCROFT CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

3 WHEATCROFT CLOSE: Plot and Title Map

3 WHEATCROFT CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 WHEATCROFT 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 WHEATCROFT 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 WHEATCROFT CLOSE?

3 WHEATCROFT CLOSE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 3 on WHEATCROFT CLOSE.