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
38 HIGHTREE CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £187,000 in June 2008, which was around 29% below the average June 2008 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 38 HIGHTREE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 38 HIGHTREE CLOSE sales were for below 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 |
---|---|---|---|
2008 6 JUN | £187,000 | £262,237 | 29% below HPI |
2006 28 APR | £168,500 | £246,339 | 32% below HPI |
1997 27 JUN | £64,950 | £96,868 | 33% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 38 HIGHTREE CLOSE sales between June 1997 and June 2008 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 April 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2008 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
38 HIGHTREE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 38 HIGHTREE CLOSE lies on this distribution: 25% of detached houses are smaller than 38 HIGHTREE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
38 HIGHTREE CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 38 HIGHTREE 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 38 HIGHTREE 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.
38 HIGHTREE CLOSE is located in BIRMINGHAM, in the B32 postcode district. The below map shows the position of No. 38 on HIGHTREE CLOSE.