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

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.

8 HOBACRE CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £252,466. It was last sold for £180,000 in May 2017, which was around 42% 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	£309,396	42% below HPI
2000 26 OCT	£77,950	£125,891	38% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 8 HOBACRE CLOSE be worth now?

8 HOBACRE CLOSE might now be worth an estimated £252,466.

This is based on house price inflation of 40.3%, between May 2017 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 40.3% inflationary increase is applied to the most recent sale price for 8 HOBACRE CLOSE of £180,000 on 26th May 2017. For the value to have increased from £180,000 to £252,466 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 8 HOBACRE CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOBACRE CLOSE has not materially changed since May 2017.

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 houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 8 HOBACRE CLOSE lies on this distribution: 15% of detached houses 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.