8, WELTON CLOSE, SUTTON COLDFIELD, B76 2RG - £250,000

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 WELTON CLOSE is a very small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £250,000 in February 2014, which was around 3% below the average February 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

8 WELTON CLOSE Sold Prices

Land registry data shows two sales for 8 WELTON 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. One of the two 8 WELTON CLOSE sales was for below the average price, whilst the other was 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
2014 5 FEB	£250,000	£257,197	3% below HPI
1998 27 NOV	£118,000	£104,796	13% above HPI

8 WELTON 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 WELTON CLOSE sales from November 1998 and February 2014 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 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 WELTON CLOSE?

8 WELTON CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 8 WELTON CLOSE lies on this distribution: 13% of detached houses are smaller than 8 WELTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

8 WELTON CLOSE: Plot and Title Map

8 WELTON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 WELTON 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 WELTON 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 WELTON CLOSE?

8 WELTON CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 8 on WELTON CLOSE.