8, FRANKLIN CLOSE, WYTHALL, BIRMINGHAM, B47 6AL - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FRANKLIN CLOSE is a small extended detached house of 107m², built sometime from 2012 onwards. It was last sold for £405,000 in March 2022, which was around 18% below the average March 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 FRANKLIN CLOSE Sold Prices

Land registry data shows two sales for 8 FRANKLIN 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. Both of the two 8 FRANKLIN 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
2022 31 MAR	£405,000	£493,886	18% below HPI
2013 26 JUL	£300,000	£303,940	1% below HPI

8 FRANKLIN 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 8 FRANKLIN CLOSE sales from July 2013 and March 2022 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 July 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 FRANKLIN CLOSE?

8 FRANKLIN CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses by size in Wythall, and where 8 FRANKLIN CLOSE lies on this distribution: 31% of detached houses are smaller than 8 FRANKLIN CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wythall.

8 FRANKLIN CLOSE: Plot and Title Map

8 FRANKLIN CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 8 FRANKLIN 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 8 FRANKLIN 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 8 FRANKLIN CLOSE?

8 FRANKLIN CLOSE is located in WYTHALL, in the B47 postcode district. The below map shows the position of No. 8 on FRANKLIN CLOSE.