5, WAVENHAM CLOSE, SUTTON COLDFIELD, B74 4NZ - £505,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 WAVENHAM CLOSE is a very small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £597,405. It was last sold for £505,000 in November 2020, which was around 38% above the average November 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was C.

5 WAVENHAM CLOSE Sold Prices

Land registry data shows two sales for 5 WAVENHAM 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 WAVENHAM CLOSE sales were for above 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
2020 30 NOV	£505,000	£365,866	38% above HPI
1996 27 SEP	£152,000	£91,178	67% above HPI

5 WAVENHAM 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 WAVENHAM CLOSE sales from September 1996 and November 2020 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 September 1996 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 5 WAVENHAM CLOSE be worth now?

5 WAVENHAM CLOSE might now be worth an estimated £597,405.

This is based on house price inflation of 18.3%, between November 2020 and December 2024, 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 18.3% inflationary increase is applied to the most recent sale price for 5 WAVENHAM CLOSE of £505,000 on 30th November 2020. For the value to have increased from £505,000 to £597,405 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 WAVENHAM CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WAVENHAM CLOSE has not materially changed since November 2020.

How Large is 5 WAVENHAM CLOSE?

5 WAVENHAM CLOSE is 99m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 5 WAVENHAM CLOSE lies on this distribution: 20% of detached houses houses are smaller than 5 WAVENHAM CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

5 WAVENHAM CLOSE: Plot and Title Map

5 WAVENHAM CLOSE sits on a plot of roughly 0.337 of an acre, or 1,363m². The below map shows the location of 5 WAVENHAM 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 WAVENHAM 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 WAVENHAM CLOSE?

5 WAVENHAM CLOSE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 5 on WAVENHAM CLOSE.