39, CHIPSTONE CLOSE, SOLIHULL, B91 3YS - £355,000

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.

39 CHIPSTONE CLOSE is a very small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £538,298. It was last sold for £355,000 in May 2015, which was around 8% below the average May 2015 detached price in the Solihull local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

39 CHIPSTONE CLOSE Sold Prices

Land registry data shows two sales for 39 CHIPSTONE 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 39 CHIPSTONE 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
2015 27 MAY	£355,000	£384,641	8% below HPI
2007 10 OCT	£315,000	£360,970	13% below HPI

39 CHIPSTONE 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 39 CHIPSTONE CLOSE sales from October 2007 and May 2015 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 October 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 39 CHIPSTONE CLOSE be worth now?

39 CHIPSTONE CLOSE might now be worth an estimated £538,298.

This is based on house price inflation of 51.6%, between May 2015 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 51.6% inflationary increase is applied to the most recent sale price for 39 CHIPSTONE CLOSE of £355,000 on 27th May 2015. For the value to have increased from £355,000 to £538,298 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 39 CHIPSTONE CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The May 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 39 CHIPSTONE CLOSE has not materially changed since May 2015.

How Large is 39 CHIPSTONE CLOSE?

39 CHIPSTONE CLOSE is 84m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 39 CHIPSTONE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 39 CHIPSTONE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Solihull.

39 CHIPSTONE CLOSE: Plot and Title Map

39 CHIPSTONE CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 39 CHIPSTONE 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 39 CHIPSTONE 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 39 CHIPSTONE CLOSE?

39 CHIPSTONE CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 39 on CHIPSTONE CLOSE.