12, MERIDEN CLOSE, STOURBRIDGE, DY8 4QW - £195,000

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.

12 MERIDEN CLOSE is a very small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £346,184. It was last sold for £195,000 in September 2010, which was around 49% above the average September 2010 semi-detached price in the Dudley local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

12 MERIDEN CLOSE Sold Prices

Land registry data shows two sales for 12 MERIDEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 12 MERIDEN 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 3 SEP	£195,000	£131,106	49% above HPI
2009 23 NOV	£145,000	£127,939	13% above HPI

12 MERIDEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The two 12 MERIDEN CLOSE sales from November 2009 and September 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 November 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2010 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 12 MERIDEN CLOSE be worth now?

12 MERIDEN CLOSE might now be worth an estimated £346,184.

This is based on house price inflation of 77.5%, between September 2010 and February 2025, for semi-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 77.5% inflationary increase is applied to the most recent sale price for 12 MERIDEN CLOSE of £195,000 on 3rd September 2010. For the value to have increased from £195,000 to £346,184 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 MERIDEN CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The September 2010 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MERIDEN CLOSE has not materially changed since September 2010.

How Large is 12 MERIDEN CLOSE?

12 MERIDEN CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of semi-detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stourbridge, and where 12 MERIDEN CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 12 MERIDEN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

12 MERIDEN CLOSE: Plot and Title Map

12 MERIDEN CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 MERIDEN 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 12 MERIDEN 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 12 MERIDEN CLOSE?

12 MERIDEN CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 12 on MERIDEN CLOSE.