8, WYKEN CLOSE, DORRIDGE, SOLIHULL, B93 8RP - £550,000

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 WYKEN CLOSE is a midsized extended detached house of 156m², built sometime between 1967 and 1975, which could now be worth an estimated £692,242. It was last sold for £550,000 in February 2020, which was around 19% above the average February 2020 detached price in the Solihull local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

8 WYKEN CLOSE Sold Prices

Land registry data shows two sales for 8 WYKEN 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 WYKEN 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
2020 26 FEB	£550,000	£463,399	19% above HPI
2004 27 JUL	£314,000	£312,207	1% above HPI

8 WYKEN 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 WYKEN CLOSE sales from July 2004 and February 2020 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 8 WYKEN CLOSE be worth now?

8 WYKEN CLOSE might now be worth an estimated £692,242.

This is based on house price inflation of 25.9%, between February 2020 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 25.9% inflationary increase is applied to the most recent sale price for 8 WYKEN CLOSE of £550,000 on 26th February 2020. For the value to have increased from £550,000 to £692,242 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 WYKEN CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The February 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WYKEN CLOSE has not materially changed since February 2020.

How Large is 8 WYKEN CLOSE?

8 WYKEN CLOSE is 156m², which includes four extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Dorridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dorridge, and where 8 WYKEN CLOSE lies on this distribution: 42% of detached houses houses are smaller than 8 WYKEN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Dorridge.

8 WYKEN CLOSE: Plot and Title Map

8 WYKEN CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 8 WYKEN 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 WYKEN 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 WYKEN CLOSE?

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