43, RASHWOOD CLOSE, HOCKLEY HEATH, SOLIHULL, B94 6SD - £497,000

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.

43 RASHWOOD CLOSE is a large detached house of 166m², built sometime between 1996 and 2002, which could now be worth an estimated £718,115. It was last sold for £497,000 in October 2015, which was around 23% above the average October 2015 detached price in the Solihull local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

43 RASHWOOD CLOSE Sold Prices

Land registry data shows three sales for 43 RASHWOOD 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. All of the three 43 RASHWOOD 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
2015 2 OCT	£497,000	£403,657	23% above HPI
2006 31 JUL	£437,000	£325,918	34% above HPI
2001 31 DEC	£298,950	£211,890	41% above HPI

43 RASHWOOD 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 43 RASHWOOD CLOSE sales between December 2001 and October 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 July 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 43 RASHWOOD CLOSE be worth now?

43 RASHWOOD CLOSE might now be worth an estimated £718,115.

This is based on house price inflation of 44.5%, between October 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 44.5% inflationary increase is applied to the most recent sale price for 43 RASHWOOD CLOSE of £497,000 on 2nd October 2015. For the value to have increased from £497,000 to £718,115 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 43 RASHWOOD CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The October 2015 sale price of £497,000 represented a fair market value for the property.
• The size, condition, and specification of 43 RASHWOOD CLOSE has not materially changed since October 2015.

How Large is 43 RASHWOOD CLOSE?

43 RASHWOOD CLOSE is 166m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley Heath, and where 43 RASHWOOD CLOSE lies on this distribution: 69% of detached houses houses are smaller than 43 RASHWOOD CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

43 RASHWOOD CLOSE: Plot and Title Map

43 RASHWOOD CLOSE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 43 RASHWOOD 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 43 RASHWOOD 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 43 RASHWOOD CLOSE?

43 RASHWOOD CLOSE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 43 on RASHWOOD CLOSE.