8, TIMBERLAKE CLOSE, SHIRLEY, SOLIHULL, B90 4YT - £610,000

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 TIMBERLAKE CLOSE is a very large detached house of 188m², built sometime between 1991 and 1995, which could now be worth an estimated £679,158. It was last sold for £610,000 in March 2021, which was around 16% above the average March 2021 detached price in the Solihull local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 TIMBERLAKE CLOSE Sold Prices

Land registry data shows two sales for 8 TIMBERLAKE 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. Both of the two 8 TIMBERLAKE CLOSE sales were for above 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
2021 17 MAR	£610,000	£524,221	16% above HPI
2009 2 NOV	£378,750	£328,921	15% above HPI

8 TIMBERLAKE 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 TIMBERLAKE CLOSE sales from November 2009 and March 2021 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 November 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 TIMBERLAKE CLOSE be worth now?

8 TIMBERLAKE CLOSE might now be worth an estimated £679,158.

This is based on house price inflation of 11.3%, between March 2021 and March 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 11.3% inflationary increase is applied to the most recent sale price for 8 TIMBERLAKE CLOSE of £610,000 on 17th March 2021. For the value to have increased from £610,000 to £679,158 over the four years to March 2025, the following assumptions must hold true:

• The value of 8 TIMBERLAKE CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The March 2021 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TIMBERLAKE CLOSE has not materially changed since March 2021.

How Large is 8 TIMBERLAKE CLOSE?

8 TIMBERLAKE CLOSE is 188m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 8 TIMBERLAKE CLOSE lies on this distribution: 85% of detached houses houses are smaller than 8 TIMBERLAKE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Solihull.

8 TIMBERLAKE CLOSE: Plot and Title Map

8 TIMBERLAKE CLOSE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 8 TIMBERLAKE 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 TIMBERLAKE 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 TIMBERLAKE CLOSE?

8 TIMBERLAKE CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 8 on TIMBERLAKE CLOSE.