4, PALMERS CLOSE, SHIRLEY, SOLIHULL, B90 3NU - £397,500

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 PALMERS CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £413,798. It was last sold for £397,500 in February 2024, which was around 29% below the average February 2024 detached price in the Solihull local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

4 PALMERS CLOSE Sold Prices

Land registry data shows two sales for 4 PALMERS 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 4 PALMERS 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
2024 29 FEB	£397,500	£560,272	29% below HPI
2012 15 AUG	£230,000	£335,947	32% below HPI

4 PALMERS 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 4 PALMERS CLOSE sales from August 2012 and February 2024 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 PALMERS CLOSE be worth now?

4 PALMERS CLOSE might now be worth an estimated £413,798.

This is based on house price inflation of 4.1%, between February 2024 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 4.1% inflationary increase is applied to the most recent sale price for 4 PALMERS CLOSE of £397,500 on 29th February 2024. For the value to have increased from £397,500 to £413,798 over the one year to February 2025, the following assumptions must hold true:

• The value of 4 PALMERS CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The February 2024 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PALMERS CLOSE has not materially changed since February 2024.

How Large is 4 PALMERS CLOSE?

4 PALMERS CLOSE is 79m² according to the EPC inspection conducted in March 2023. 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 PALMERS CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 PALMERS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Solihull.

4 PALMERS CLOSE: Plot and Title Map

4 PALMERS CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 4 PALMERS 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 PALMERS 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 PALMERS CLOSE?

4 PALMERS CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 4 on PALMERS CLOSE.