38, ILLEY CLOSE, BIRMINGHAM, B31 5EW - £272,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 ILLEY CLOSE is a very small extended semi-detached house of 79m², built sometime between 1996 and 2002. It was last sold for £272,500 in October 2022, which was around 40% below the average October 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

38 ILLEY CLOSE Sold Prices

Land registry data shows three sales for 38 ILLEY 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 Birmingham local authority area for the corresponding sale date. All of the three 38 ILLEY 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
2022 28 OCT	£272,500	£451,232	40% below HPI
1999 16 JUL	£76,000	£111,072	32% below HPI
1998 30 OCT	£73,102	£105,316	31% below HPI

38 ILLEY 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 three 38 ILLEY CLOSE sales between October 1998 and October 2022 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 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 38 ILLEY CLOSE?

38 ILLEY CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 ILLEY CLOSE lies on this distribution: 11% of detached houses are smaller than 38 ILLEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 ILLEY CLOSE: Plot and Title Map

38 ILLEY CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 38 ILLEY 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 ILLEY 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 38 ILLEY CLOSE?

38 ILLEY CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 38 on ILLEY CLOSE.