5, KNOWLE CLOSE, REDNAL, BIRMINGHAM, B45 8XU - £212,439

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 KNOWLE CLOSE is a very small extended detached house of 69m², built sometime between 1991 and 1995. It was last sold for £212,439 in July 2017, which was around 34% below the average July 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 KNOWLE CLOSE Sold Prices

Land registry data shows three sales for 5 KNOWLE 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 Birmingham local authority area for the corresponding sale date. All of the three 5 KNOWLE 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
2017 21 JUL	£212,439	£324,118	34% below HPI
2000 27 NOV	£83,000	£129,421	36% below HPI
1995 1 SEP	£72,000	£90,453	20% below HPI

5 KNOWLE 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 three 5 KNOWLE CLOSE sales between September 1995 and July 2017 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 November 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 KNOWLE CLOSE?

5 KNOWLE CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 5 KNOWLE CLOSE lies on this distribution: 5% of detached houses are smaller than 5 KNOWLE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 KNOWLE CLOSE: Plot and Title Map

5 KNOWLE CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 KNOWLE 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 KNOWLE 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 5 KNOWLE CLOSE?

5 KNOWLE CLOSE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 5 on KNOWLE CLOSE.