7, NEWCOME CLOSE, BIRMINGHAM, B24 0JY - £276,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 NEWCOME CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £276,000 in May 2021, which was around 29% below the average May 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

7 NEWCOME CLOSE Sold Prices

Land registry data shows three sales for 7 NEWCOME 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. All of the three 7 NEWCOME 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
2021 28 MAY	£276,000	£388,128	29% below HPI
2008 21 NOV	£183,000	£250,536	27% below HPI
2004 1 OCT	£217,622	£246,321	12% below HPI

7 NEWCOME 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 7 NEWCOME CLOSE sales between October 2004 and May 2021 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 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 NEWCOME CLOSE?

7 NEWCOME CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% 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 NEWCOME CLOSE lies on this distribution: 42% of detached houses are smaller than 7 NEWCOME CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 NEWCOME CLOSE: Plot and Title Map

7 NEWCOME CLOSE sits on a plot of roughly 1.4 acres, or 5,538m². The below map shows the location of 7 NEWCOME 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 NEWCOME 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 NEWCOME CLOSE?

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