63, RASHWOOD CLOSE, HOCKLEY HEATH, SOLIHULL, B94 6SD - £699,950

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

63 RASHWOOD CLOSE is a very large extended detached house of 234m², built sometime between 1996 and 2002. It was last sold for £699,950 in May 2017, which was around 62% above the average May 2017 detached price in the Solihull local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

63 RASHWOOD CLOSE Sold Prices

Land registry data shows four sales for 63 RASHWOOD 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 63 RASHWOOD 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
2017 12 MAY	£699,950	£432,573	62% above HPI
2016 23 SEP	£650,000	£435,396	49% above HPI
2003 2 JUL	£525,000	£280,125	87% above HPI
2001 27 SEP	£425,950	£211,068	102% above HPI

63 RASHWOOD 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 63 RASHWOOD CLOSE sales between September 2001 and May 2017 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 2016 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2017 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 63 RASHWOOD CLOSE be worth now?

63 RASHWOOD CLOSE might now be worth an estimated £954,139.

This is based on house price inflation of 36.3%, between May 2017 and December 2024, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.3% inflationary increase is applied to the most recent sale price for 63 RASHWOOD CLOSE of £699,950 on 12th May 2017. For the value to have increased from £699,950 to £954,139 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 63 RASHWOOD CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The May 2017 sale price of £699,950 represented a fair market value for the property.
• The size, condition, and specification of 63 RASHWOOD CLOSE has not materially changed since May 2017.

How Large is 63 RASHWOOD CLOSE?

63 RASHWOOD CLOSE is 234m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley Heath, and where 63 RASHWOOD CLOSE lies on this distribution: 94% of detached houses houses are smaller than 63 RASHWOOD CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

63 RASHWOOD CLOSE: Plot and Title Map

63 RASHWOOD CLOSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 63 RASHWOOD 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 63 RASHWOOD 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 63 RASHWOOD CLOSE?

63 RASHWOOD CLOSE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 63 on RASHWOOD CLOSE.