7, WAVENHAM CLOSE, SUTTON COLDFIELD, B74 4NZ - £575,000

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 WAVENHAM CLOSE is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £708,668. It was last sold for £575,000 in May 2020, which was around 63% above the average May 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

7 WAVENHAM CLOSE Sold Prices

Land registry data shows three sales for 7 WAVENHAM 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 WAVENHAM 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
2020 29 MAY	£575,000	£352,104	63% above HPI
2011 12 DEC	£499,999	£239,892	108% above HPI
2009 23 OCT	£300,000	£236,874	27% above HPI

7 WAVENHAM 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 WAVENHAM CLOSE sales between October 2009 and May 2020 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 December 2011 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the May 2020 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 7 WAVENHAM CLOSE be worth now?

7 WAVENHAM CLOSE might now be worth an estimated £708,668.

This is based on house price inflation of 23.2%, between May 2020 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 23.2% inflationary increase is applied to the most recent sale price for 7 WAVENHAM CLOSE of £575,000 on 29th May 2020. For the value to have increased from £575,000 to £708,668 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 7 WAVENHAM CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WAVENHAM CLOSE has not materially changed since May 2020.

How Large is 7 WAVENHAM CLOSE?

7 WAVENHAM CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 7 WAVENHAM CLOSE lies on this distribution: 51% of detached houses houses are smaller than 7 WAVENHAM CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

7 WAVENHAM CLOSE: Plot and Title Map

7 WAVENHAM CLOSE sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of 7 WAVENHAM 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 WAVENHAM 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 WAVENHAM CLOSE?

7 WAVENHAM CLOSE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 7 on WAVENHAM CLOSE.