1, CHERRYWOOD CLOSE, COSELEY, BILSTON, WV14 9NJ - £120,000

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.

1 CHERRYWOOD CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £216,006. It was last sold for £120,000 in October 2012, which was around 38% below the average October 2012 detached price in the Dudley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 CHERRYWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 CHERRYWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 1 CHERRYWOOD 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
2012 19 OCT	£120,000	£193,583	38% below HPI
2005 25 MAY	£137,000	£188,234	27% below HPI
2001 11 APR	£86,950	£106,167	18% below HPI

1 CHERRYWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 1 CHERRYWOOD CLOSE sales between April 2001 and October 2012 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 May 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2012 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 CHERRYWOOD CLOSE be worth now?

1 CHERRYWOOD CLOSE might now be worth an estimated £216,006.

This is based on house price inflation of 80%, between October 2012 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80% inflationary increase is applied to the most recent sale price for 1 CHERRYWOOD CLOSE of £120,000 on 19th October 2012. For the value to have increased from £120,000 to £216,006 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 CHERRYWOOD CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The October 2012 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRYWOOD CLOSE has not materially changed since October 2012.

How Large is 1 CHERRYWOOD CLOSE?

1 CHERRYWOOD CLOSE is 77m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses houses in Coseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coseley, and where 1 CHERRYWOOD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 CHERRYWOOD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Coseley.

1 CHERRYWOOD CLOSE: Plot and Title Map

1 CHERRYWOOD CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1 CHERRYWOOD 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 1 CHERRYWOOD 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 1 CHERRYWOOD CLOSE?

1 CHERRYWOOD CLOSE is located in COSELEY, in the WV14 postcode district. The below map shows the position of No. 1 on CHERRYWOOD CLOSE.