7, OLDHOUSE FARM CLOSE, BIRMINGHAM, B28 0XZ - £217,000

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 OLDHOUSE FARM CLOSE is a very small extended detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £373,940. It was last sold for £217,000 in April 2014, which was around 14% below the average April 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

7 OLDHOUSE FARM CLOSE Sold Prices

Land registry data shows three sales for 7 OLDHOUSE FARM 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 OLDHOUSE FARM 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
2014 25 APR	£217,000	£251,828	14% below HPI
2010 29 JAN	£186,000	£238,148	22% below HPI
1997 18 JUL	£89,950	£96,093	6% below HPI

7 OLDHOUSE FARM 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 OLDHOUSE FARM CLOSE sales between July 1997 and April 2014 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 January 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 OLDHOUSE FARM CLOSE be worth now?

7 OLDHOUSE FARM CLOSE might now be worth an estimated £373,940.

This is based on house price inflation of 72.3%, between April 2014 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 72.3% inflationary increase is applied to the most recent sale price for 7 OLDHOUSE FARM CLOSE of £217,000 on 25th April 2014. For the value to have increased from £217,000 to £373,940 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 7 OLDHOUSE FARM CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The April 2014 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLDHOUSE FARM CLOSE has not materially changed since April 2014.

How Large is 7 OLDHOUSE FARM CLOSE?

7 OLDHOUSE FARM CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in July 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 OLDHOUSE FARM CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 OLDHOUSE FARM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 OLDHOUSE FARM CLOSE: Plot and Title Map

7 OLDHOUSE FARM CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 OLDHOUSE FARM 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 OLDHOUSE FARM 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 OLDHOUSE FARM CLOSE?

7 OLDHOUSE FARM CLOSE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 7 on OLDHOUSE FARM CLOSE.