7, MARSHBROOK CLOSE, BIRMINGHAM, B24 0NT - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MARSHBROOK CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £307,099. It was last sold for £230,000 in November 2017, which was around 29% below the average November 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

7 MARSHBROOK CLOSE Sold Prices

Land registry data shows four sales for 7 MARSHBROOK 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 Birmingham local authority area for the corresponding sale date. All of the four 7 MARSHBROOK 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
2017 24 NOV	£230,000	£325,009	29% below HPI
2010 5 AUG	£156,500	£251,185	38% below HPI
2002 5 AUG	£124,950	£170,476	27% below HPI
2000 30 JUN	£87,950	£118,764	26% below HPI

7 MARSHBROOK 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 four 7 MARSHBROOK CLOSE sales between June 2000 and November 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 August 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 7 MARSHBROOK CLOSE be worth now?

7 MARSHBROOK CLOSE might now be worth an estimated £307,099.

This is based on house price inflation of 33.5%, between November 2017 and February 2025, 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 33.5% inflationary increase is applied to the most recent sale price for 7 MARSHBROOK CLOSE of £230,000 on 24th November 2017. For the value to have increased from £230,000 to £307,099 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 MARSHBROOK CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARSHBROOK CLOSE has not materially changed since November 2017.

How Large is 7 MARSHBROOK CLOSE?

7 MARSHBROOK CLOSE is 76m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 7 MARSHBROOK CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 MARSHBROOK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 MARSHBROOK CLOSE: Plot and Title Map

7 MARSHBROOK CLOSE sits on a plot of roughly 6.0 acres, or 24,163m². The below map shows the location of 7 MARSHBROOK 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 MARSHBROOK 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 MARSHBROOK CLOSE?

7 MARSHBROOK CLOSE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 7 on MARSHBROOK CLOSE.