7, KITEGREEN CLOSE, CHELMSLEY WOOD, BIRMINGHAM, B37 6UP - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 KITEGREEN CLOSE is a small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £195,000 in September 2018, which was around 59% below the average September 2018 detached price in the Solihull local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

7 KITEGREEN CLOSE Sold Prices

Land registry data shows two sales for 7 KITEGREEN 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 Solihull local authority area for the corresponding sale date. Both of the two 7 KITEGREEN 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
2018 14 SEP	£195,000	£478,845	59% below HPI
2005 1 NOV	£176,995	£326,968	46% below HPI

7 KITEGREEN 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 two 7 KITEGREEN CLOSE sales from November 2005 and September 2018 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 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2018 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 7 KITEGREEN CLOSE?

7 KITEGREEN CLOSE is 91m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 7 KITEGREEN CLOSE lies on this distribution: 23% of detached houses are smaller than 7 KITEGREEN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 KITEGREEN CLOSE: Plot and Title Map

7 KITEGREEN CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 7 KITEGREEN 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 7 KITEGREEN 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 7 KITEGREEN CLOSE?

7 KITEGREEN CLOSE is located in CHELMSLEY WOOD, in the B37 postcode district. The below map shows the position of No. 7 on KITEGREEN CLOSE.