5, ROWAN CLOSE, HOLLYWOOD, BIRMINGHAM, B47 5RW - £450,000

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.

5 ROWAN CLOSE is a small extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £452,638. It was last sold for £450,000 in November 2023, which was around 13% below the average November 2023 detached price in the Bromsgrove 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.

5 ROWAN CLOSE Sold Prices

Land registry data shows two sales for 5 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 5 ROWAN 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
2023 3 NOV	£450,000	£520,196	13% below HPI
1999 7 JAN	£134,000	£136,113	2% below HPI

5 ROWAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 5 ROWAN CLOSE sales from January 1999 and November 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 January 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 ROWAN CLOSE be worth now?

5 ROWAN CLOSE might now be worth an estimated £452,638.

This is based on house price inflation of 0.6%, between November 2023 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% inflationary increase is applied to the most recent sale price for 5 ROWAN CLOSE of £450,000 on 3rd November 2023. For the value to have increased from £450,000 to £452,638 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 ROWAN CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROWAN CLOSE has not materially changed since November 2023.

How Large is 5 ROWAN CLOSE?

5 ROWAN CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hollywood, and where 5 ROWAN CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 ROWAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

5 ROWAN CLOSE: Plot and Title Map

5 ROWAN CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 5 ROWAN 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 ROWAN 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 ROWAN CLOSE?

5 ROWAN CLOSE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 5 on ROWAN CLOSE.