4, HALFWAY CLOSE, BIRMINGHAM, B44 8JL - £123,000

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 HALFWAY CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £237,974. It was last sold for £123,000 in July 2009, which was around 45% below the average July 2009 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was D.

4 HALFWAY CLOSE Sold Prices

Land registry data shows two sales for 4 HALFWAY 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 Birmingham local authority area for the corresponding sale date. Both of the two 4 HALFWAY 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
2009 1 JUL	£123,000	£224,296	45% below HPI
1998 18 SEP	£56,000	£104,292	46% below HPI

4 HALFWAY 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 two 4 HALFWAY CLOSE sales from September 1998 and July 2009 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 September 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2009 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 4 HALFWAY CLOSE be worth now?

4 HALFWAY CLOSE might now be worth an estimated £237,974.

This is based on house price inflation of 93.5%, between July 2009 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.5% inflationary increase is applied to the most recent sale price for 4 HALFWAY CLOSE of £123,000 on 1st July 2009. For the value to have increased from £123,000 to £237,974 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 HALFWAY CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2009 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HALFWAY CLOSE has not materially changed since July 2009.

How Large is 4 HALFWAY CLOSE?

4 HALFWAY CLOSE is 59m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 4 HALFWAY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 4 HALFWAY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

4 HALFWAY CLOSE: Plot and Title Map

4 HALFWAY CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 4 HALFWAY 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 HALFWAY 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 HALFWAY CLOSE?

4 HALFWAY CLOSE is located in BIRMINGHAM, in the B44 postcode district. The below map shows the position of No. 4 on HALFWAY CLOSE.