8, HOBACRE CLOSE, RUBERY, BIRMINGHAM, B45 9YG - £180,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

8 HOBACRE CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £180,000 in May 2017, which was around 43% below the average May 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

8 HOBACRE CLOSE Sold Prices

Land registry data shows two sales for 8 HOBACRE 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 Birmingham local authority area for the corresponding sale date. Both of the two 8 HOBACRE 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
2017 26 MAY	£180,000	£315,482	43% below HPI
2000 26 OCT	£77,950	£128,367	39% below HPI

8 HOBACRE 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 two 8 HOBACRE CLOSE sales from October 2000 and May 2017 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 October 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 HOBACRE CLOSE?

8 HOBACRE CLOSE is 84m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 8 HOBACRE CLOSE lies on this distribution: 15% of detached houses are smaller than 8 HOBACRE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 HOBACRE CLOSE: Plot and Title Map

8 HOBACRE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 HOBACRE 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 HOBACRE 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 HOBACRE CLOSE?

8 HOBACRE CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 8 on HOBACRE CLOSE.