5, MAYFIELD CLOSE, SOLIHULL, B91 3FN - £410,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 MAYFIELD CLOSE is a very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £410,000 in April 2019, which was around 15% below the average April 2019 detached price in the Solihull local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 MAYFIELD CLOSE Sold Prices

Land registry data shows four sales for 5 MAYFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the four 5 MAYFIELD 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
2019 29 APR	£410,000	£480,302	15% below HPI
2012 5 OCT	£295,000	£340,218	13% below HPI
2004 5 FEB	£249,950	£297,279	16% below HPI
1996 8 MAR	£99,950	£119,651	16% below HPI

5 MAYFIELD 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 four 5 MAYFIELD CLOSE sales between March 1996 and April 2019 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 October 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 MAYFIELD CLOSE?

5 MAYFIELD CLOSE is 88m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% 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 MAYFIELD CLOSE lies on this distribution: 12% of detached houses are smaller than 5 MAYFIELD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Solihull.

5 MAYFIELD CLOSE: Plot and Title Map

5 MAYFIELD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 MAYFIELD 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 MAYFIELD 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 MAYFIELD CLOSE?

5 MAYFIELD CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 5 on MAYFIELD CLOSE.