Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 ARROW CLOSE is a very small extended semi-detached house of 100m², built sometime between 1976 and 1982. It was last sold for £595,000 in August 2023, which was around 1% above the average August 2023 detached price in the Solihull local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 ARROW CLOSE since 1st 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 5 ARROW 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 |
---|---|---|---|
2023 29 AUG | £595,000 | £587,135 | 1% above HPI |
2010 19 AUG | £319,000 | £352,592 | 10% below HPI |
1997 20 JUN | £123,000 | £135,643 | 9% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 5 ARROW CLOSE sales between June 1997 and August 2023 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 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
5 ARROW CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 5 ARROW CLOSE lies on this distribution: 16% of detached houses are smaller than 5 ARROW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Knowle.
5 ARROW CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 5 ARROW 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 5 ARROW 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.
5 ARROW CLOSE is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 5 on ARROW CLOSE.