55, SCHOLARS CLOSE, BIRMINGHAM, B21 0UB - £250,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

55 SCHOLARS CLOSE is a very large detached house of 165m², built sometime between 1991 and 1995. It was last sold for £250,000 in October 2015, which was around 13% below the average October 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

55 SCHOLARS CLOSE Sold Prices

Land registry data shows three sales for 55 SCHOLARS 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. Two of the three 55 SCHOLARS CLOSE sales were for below the average price, whilst one was 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
2015 23 OCT	£250,000	£288,850	13% below HPI
2009 25 NOV	£175,000	£243,491	28% below HPI
2005 1 JUN	£337,950	£242,970	39% above HPI

55 SCHOLARS 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 55 SCHOLARS CLOSE sales between June 2005 and October 2015 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 55 SCHOLARS CLOSE?

55 SCHOLARS CLOSE is 165m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 55 SCHOLARS CLOSE lies on this distribution: 82% of detached houses are smaller than 55 SCHOLARS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

55 SCHOLARS CLOSE: Plot and Title Map

55 SCHOLARS CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 55 SCHOLARS 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 55 SCHOLARS 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 55 SCHOLARS CLOSE?

55 SCHOLARS CLOSE is located in BIRMINGHAM, in the B21 postcode district. The below map shows the position of No. 55 on SCHOLARS CLOSE.