1, SPIES CLOSE, HALESOWEN, B62 9SH - £240,000

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 SPIES CLOSE is a midsized detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £425,746. It was last sold for £240,000 in January 2010, which was around 22% above the average January 2010 detached price in the Dudley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 SPIES CLOSE Sold Prices

Land registry data shows two sales for 1 SPIES 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 Dudley local authority area for the corresponding sale date. Both of the two 1 SPIES 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
2010 22 JAN	£240,000	£196,432	22% above HPI
1997 14 OCT	£126,000	£80,824	56% above HPI

1 SPIES 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 two 1 SPIES CLOSE sales from October 1997 and January 2010 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 October 1997 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2010 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 1 SPIES CLOSE be worth now?

1 SPIES CLOSE might now be worth an estimated £425,746.

This is based on house price inflation of 77.4%, between January 2010 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 77.4% inflationary increase is applied to the most recent sale price for 1 SPIES CLOSE of £240,000 on 22nd January 2010. For the value to have increased from £240,000 to £425,746 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 SPIES CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPIES CLOSE has not materially changed since January 2010.

How Large is 1 SPIES CLOSE?

1 SPIES CLOSE is 110m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 1 SPIES CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 SPIES CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

1 SPIES CLOSE: Plot and Title Map

1 SPIES CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 1 SPIES 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 SPIES 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 SPIES CLOSE?

1 SPIES CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 1 on SPIES CLOSE.