5, SKYLARK CLOSE, ERDINGTON, BIRMINGHAM, B23 5GE - £155,000

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 SKYLARK CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £277,423. It was last sold for £155,000 in August 2011, which was around 36% below the average August 2011 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

5 SKYLARK CLOSE Sold Prices

Land registry data shows two sales for 5 SKYLARK 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 Birmingham local authority area for the corresponding sale date. Both of the two 5 SKYLARK 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
2011 31 AUG	£155,000	£242,457	36% below HPI
2001 25 MAY	£90,950	£136,162	33% below HPI

5 SKYLARK 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 two 5 SKYLARK CLOSE sales from May 2001 and August 2011 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 May 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 SKYLARK CLOSE be worth now?

5 SKYLARK CLOSE might now be worth an estimated £277,423.

This is based on house price inflation of 79%, between August 2011 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79% inflationary increase is applied to the most recent sale price for 5 SKYLARK CLOSE of £155,000 on 31st August 2011. For the value to have increased from £155,000 to £277,423 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 5 SKYLARK CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The August 2011 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SKYLARK CLOSE has not materially changed since August 2011.

How Large is 5 SKYLARK CLOSE?

5 SKYLARK CLOSE is 81m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 5 SKYLARK CLOSE lies on this distribution: 12% of detached houses houses are smaller than 5 SKYLARK CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 SKYLARK CLOSE: Plot and Title Map

5 SKYLARK CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 5 SKYLARK 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 SKYLARK 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 SKYLARK CLOSE?

5 SKYLARK CLOSE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 5 on SKYLARK CLOSE.