7, NICHOLS CLOSE, SOLIHULL, B92 0PX - £532,000

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 NICHOLS CLOSE is a very large extended detached house of 174m², built sometime between 1983 and 1990. It was last sold for £532,000 in November 2018, which was around 10% above the average November 2018 detached price in the Solihull local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

7 NICHOLS CLOSE Sold Prices

Land registry data shows four sales for 7 NICHOLS 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. Most of the four 7 NICHOLS 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
2018 23 NOV	£532,000	£483,940	10% above HPI
2016 2 AUG	£487,000	£434,192	12% above HPI
2010 25 MAR	£360,000	£336,623	7% above HPI
1996 7 FEB	£106,500	£119,710	11% below HPI

7 NICHOLS 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 7 NICHOLS CLOSE sales between February 1996 and November 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 August 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 NICHOLS CLOSE?

7 NICHOLS CLOSE is 174m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 7 NICHOLS CLOSE lies on this distribution: 80% of detached houses are smaller than 7 NICHOLS CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Solihull.

7 NICHOLS CLOSE: Plot and Title Map

7 NICHOLS CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 7 NICHOLS 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 NICHOLS 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 NICHOLS CLOSE?

7 NICHOLS CLOSE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 7 on NICHOLS CLOSE.