1, GLENWOOD CLOSE, BRIERLEY HILL, DY5 2NW - £125,000

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 GLENWOOD CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £195,643. It was last sold for £125,000 in May 2016, which was around 44% below the average May 2016 detached price in the Dudley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

1 GLENWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 GLENWOOD 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 GLENWOOD 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
2016 23 MAY	£125,000	£222,637	44% below HPI
2000 17 MAR	£69,950	£93,151	25% below HPI
1997 11 APR	£60,000	£77,012	22% below HPI

1 GLENWOOD 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 GLENWOOD CLOSE sales between April 1997 and May 2016 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 March 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 1 GLENWOOD CLOSE be worth now?

1 GLENWOOD CLOSE might now be worth an estimated £195,643.

This is based on house price inflation of 56.5%, between May 2016 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 56.5% inflationary increase is applied to the most recent sale price for 1 GLENWOOD CLOSE of £125,000 on 23rd May 2016. For the value to have increased from £125,000 to £195,643 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 GLENWOOD CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLENWOOD CLOSE has not materially changed since May 2016.

How Large is 1 GLENWOOD CLOSE?

1 GLENWOOD CLOSE is 74m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierley Hill, and where 1 GLENWOOD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 1 GLENWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

1 GLENWOOD CLOSE: Plot and Title Map

1 GLENWOOD CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 1 GLENWOOD 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 GLENWOOD 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 GLENWOOD CLOSE?

1 GLENWOOD CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 1 on GLENWOOD CLOSE.