7, MARFIELD CLOSE, MINWORTH, SUTTON COLDFIELD, B76 1YD - £375,000

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 MARFIELD CLOSE is a very small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £375,000 in July 2022, which was around 14% below the average July 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 MARFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 MARFIELD 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 7 MARFIELD 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
2022 29 JUL	£375,000	£434,625	14% below HPI
1996 28 JUN	£75,000	£89,737	16% below HPI

7 MARFIELD 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 7 MARFIELD CLOSE sales from June 1996 and July 2022 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 June 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 MARFIELD CLOSE?

7 MARFIELD CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 7 MARFIELD CLOSE lies on this distribution: 15% of detached houses are smaller than 7 MARFIELD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

7 MARFIELD CLOSE: Plot and Title Map

7 MARFIELD CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 MARFIELD 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 MARFIELD 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 MARFIELD CLOSE?

7 MARFIELD CLOSE is located in MINWORTH, in the B76 postcode district. The below map shows the position of No. 7 on MARFIELD CLOSE.