8, RICKARD CLOSE, KNOWLE, SOLIHULL, B93 9RD - £495,000

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 RICKARD CLOSE is a midsized extended detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £609,924. It was last sold for £495,000 in August 2019, which was around 5% above the average August 2019 detached price in the Solihull local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

8 RICKARD CLOSE Sold Prices

Land registry data shows two sales for 8 RICKARD 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 Solihull local authority area for the corresponding sale date. One of the two 8 RICKARD CLOSE sales was for above the average price, whilst the other was 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
2019 29 AUG	£495,000	£473,347	5% above HPI
1996 5 JUL	£102,000	£120,416	15% below HPI

8 RICKARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 8 RICKARD CLOSE sales from July 1996 and August 2019 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 RICKARD CLOSE be worth now?

8 RICKARD CLOSE might now be worth an estimated £609,924.

This is based on house price inflation of 23.2%, between August 2019 and February 2025, for detached houses, in the Solihull 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 8 RICKARD CLOSE of £495,000 on 29th August 2019. For the value to have increased from £495,000 to £609,924 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 RICKARD CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The August 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICKARD CLOSE has not materially changed since August 2019.

How Large is 8 RICKARD CLOSE?

8 RICKARD CLOSE is 129m², which includes three extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bentley Heath, and where 8 RICKARD CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 RICKARD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.

8 RICKARD CLOSE: Plot and Title Map

8 RICKARD CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 RICKARD 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 RICKARD 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 RICKARD CLOSE?

8 RICKARD CLOSE is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 8 on RICKARD CLOSE.