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 BINLEY CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £240,000 in December 2009, which was around 28% below the average December 2009 detached price in the Solihull local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 BINLEY CLOSE since 1st 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 5 BINLEY 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 23 DEC | £240,000 | £331,688 | 28% below HPI |
2005 11 MAR | £226,000 | £312,938 | 28% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 5 BINLEY CLOSE sales from March 2005 and December 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 March 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2009 sale, which was also at 28% below the HPI.
5 BINLEY CLOSE is 75m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 5 BINLEY CLOSE lies on this distribution: 5% of detached houses are smaller than 5 BINLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Solihull.
5 BINLEY CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 BINLEY 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 BINLEY 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 BINLEY CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 5 on BINLEY CLOSE.