4, CHESTNUT CLOSE, SOLIHULL, B92 7DS - £575,000

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.

4 CHESTNUT CLOSE is a very small detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £709,600. It was last sold for £575,000 in September 2019, which was around 22% above the average September 2019 detached price in the Solihull local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 4 CHESTNUT 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 Solihull local authority area for the corresponding sale date. One of the three 4 CHESTNUT CLOSE sales was for above the average price, whilst two 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
2019 11 SEP	£575,000	£472,612	22% above HPI
2018 17 AUG	£400,000	£473,809	16% below HPI
1998 10 DEC	£149,950	£151,959	1% below HPI

4 CHESTNUT 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 three 4 CHESTNUT CLOSE sales between December 1998 and September 2019 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 August 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 4 CHESTNUT CLOSE be worth now?

4 CHESTNUT CLOSE might now be worth an estimated £709,600.

This is based on house price inflation of 23.4%, between September 2019 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 23.4% inflationary increase is applied to the most recent sale price for 4 CHESTNUT CLOSE of £575,000 on 11th September 2019. For the value to have increased from £575,000 to £709,600 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The September 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT CLOSE has not materially changed since September 2019.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 75m² according to the EPC inspection conducted in May 2018. 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 4 CHESTNUT CLOSE lies on this distribution: 5% of detached houses houses are smaller than 4 CHESTNUT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Solihull.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 4 CHESTNUT 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 4 CHESTNUT 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 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 4 on CHESTNUT CLOSE.