40, BALCASKIE CLOSE, BIRMINGHAM, B15 3UE - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 BALCASKIE CLOSE is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £593,823. It was last sold for £545,000 in November 2021, which was around 37% above the average November 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

40 BALCASKIE CLOSE Sold Prices

Land registry data shows two sales for 40 BALCASKIE 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 40 BALCASKIE CLOSE sales were for above 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
2021 30 NOV	£545,000	£397,227	37% above HPI
2020 20 MAR	£357,500	£346,859	3% above HPI

40 BALCASKIE 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 40 BALCASKIE CLOSE sales from March 2020 and November 2021 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 March 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 40 BALCASKIE CLOSE be worth now?

40 BALCASKIE CLOSE might now be worth an estimated £593,823.

This is based on house price inflation of 9%, between November 2021 and December 2024, 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 9% inflationary increase is applied to the most recent sale price for 40 BALCASKIE CLOSE of £545,000 on 30th November 2021. For the value to have increased from £545,000 to £593,823 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 40 BALCASKIE CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BALCASKIE CLOSE has not materially changed since November 2021.

How Large is 40 BALCASKIE CLOSE?

40 BALCASKIE CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 40 BALCASKIE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 40 BALCASKIE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

40 BALCASKIE CLOSE: Plot and Title Map

40 BALCASKIE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 40 BALCASKIE 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 40 BALCASKIE 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 40 BALCASKIE CLOSE?

40 BALCASKIE CLOSE is located in BIRMINGHAM, in the B15 postcode district. The below map shows the position of No. 40 on BALCASKIE CLOSE.