8, NEWCOME CLOSE, BIRMINGHAM, B24 0JY - £166,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NEWCOME CLOSE is a very small extended detached house of 66m², built sometime between 2003 and 2006. It was last sold for £166,000 in October 2007, which was around 38% below the average October 2007 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

8 NEWCOME CLOSE Sold Prices

Land registry data shows two sales for 8 NEWCOME 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 NEWCOME 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
2007 19 OCT	£166,000	£269,261	38% below HPI
2004 24 JUN	£156,450	£234,100	33% below HPI

8 NEWCOME 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 NEWCOME CLOSE sales from June 2004 and October 2007 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 June 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2007 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 NEWCOME CLOSE?

8 NEWCOME CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% 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 NEWCOME CLOSE lies on this distribution: 4% of detached houses are smaller than 8 NEWCOME CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 NEWCOME CLOSE: Plot and Title Map

8 NEWCOME CLOSE sits on a plot of roughly 1.4 acres, or 5,538m². The below map shows the location of 8 NEWCOME 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 NEWCOME 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 NEWCOME CLOSE?

8 NEWCOME CLOSE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 8 on NEWCOME CLOSE.