15, HEVER CLOSE, DUDLEY, DY1 2SY - £322,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 HEVER CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £347,962. It was last sold for £322,500 in May 2022, which was about the average May 2022 detached price in the Dudley local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

15 HEVER CLOSE Sold Prices

Land registry data shows two sales for 15 HEVER 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. One of the two 15 HEVER CLOSE sales was roughly equal to the average price, whilst the other was 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
2022 27 MAY	£322,500	£322,961	Close to HPI
2007 13 DEC	£219,000	£215,640	2% above HPI

15 HEVER 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 15 HEVER CLOSE sales from December 2007 and May 2022 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 December 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 HEVER CLOSE be worth now?

15 HEVER CLOSE might now be worth an estimated £347,962.

This is based on house price inflation of 7.9%, between May 2022 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 7.9% inflationary increase is applied to the most recent sale price for 15 HEVER CLOSE of £322,500 on 27th May 2022. For the value to have increased from £322,500 to £347,962 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 15 HEVER CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2022 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HEVER CLOSE has not materially changed since May 2022.

How Large is 15 HEVER CLOSE?

15 HEVER CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 15 HEVER CLOSE lies on this distribution: 30% of detached houses houses are smaller than 15 HEVER CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Dudley.

15 HEVER CLOSE: Plot and Title Map

15 HEVER CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 HEVER 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 15 HEVER 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 15 HEVER CLOSE?

15 HEVER CLOSE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 15 on HEVER CLOSE.