7, SHEARWATER CLOSE, RUBERY, BIRMINGHAM, B45 9QG - £267,500

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 SHEARWATER CLOSE is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £463,433. It was last sold for £267,500 in August 2011, which was around 11% below the average August 2011 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

7 SHEARWATER CLOSE Sold Prices

Land registry data shows two sales for 7 SHEARWATER 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 Bromsgrove local authority area for the corresponding sale date. One of the two 7 SHEARWATER CLOSE sales was for below the average price, whilst the other was 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
2011 15 AUG	£267,500	£302,024	11% below HPI
1995 28 SEP	£112,950	£106,232	6% above HPI

7 SHEARWATER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 7 SHEARWATER CLOSE sales from September 1995 and August 2011 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 September 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 SHEARWATER CLOSE be worth now?

7 SHEARWATER CLOSE might now be worth an estimated £463,433.

This is based on house price inflation of 73.2%, between August 2011 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.2% inflationary increase is applied to the most recent sale price for 7 SHEARWATER CLOSE of £267,500 on 15th August 2011. For the value to have increased from £267,500 to £463,433 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 SHEARWATER CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2011 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEARWATER CLOSE has not materially changed since August 2011.

How Large is 7 SHEARWATER CLOSE?

7 SHEARWATER CLOSE is 82m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% 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 SHEARWATER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 7 SHEARWATER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 SHEARWATER CLOSE: Plot and Title Map

7 SHEARWATER CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 7 SHEARWATER 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 SHEARWATER 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 SHEARWATER CLOSE?

7 SHEARWATER CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 7 on SHEARWATER CLOSE.