37, HOBHOUSE CLOSE, GREAT BARR, BIRMINGHAM, B42 1HB - £334,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

37 HOBHOUSE CLOSE is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £334,000 in December 2021, which was around 12% above the average December 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

37 HOBHOUSE CLOSE Sold Prices

Land registry data shows two sales for 37 HOBHOUSE 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 Sandwell local authority area for the corresponding sale date. Both of the two 37 HOBHOUSE 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
2021 17 DEC	£334,000	£299,349	12% above HPI
1999 18 JUN	£126,950	£73,864	72% above HPI

37 HOBHOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 37 HOBHOUSE CLOSE sales from June 1999 and December 2021 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 June 1999 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 37 HOBHOUSE CLOSE?

37 HOBHOUSE CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 37 HOBHOUSE CLOSE lies on this distribution: 74% of detached houses are smaller than 37 HOBHOUSE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

37 HOBHOUSE CLOSE: Plot and Title Map

37 HOBHOUSE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 37 HOBHOUSE 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 37 HOBHOUSE 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 37 HOBHOUSE CLOSE?

37 HOBHOUSE CLOSE is located in GREAT BARR, in the B42 postcode district. The below map shows the position of No. 37 on HOBHOUSE CLOSE.