15, LUSBRIDGE CLOSE, HALESOWEN, B63 2JZ - £180,000

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.

15 LUSBRIDGE CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £309,816. It was last sold for £180,000 in June 2014, which was around 11% below the average June 2014 detached price in the Dudley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 LUSBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 15 LUSBRIDGE 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 15 LUSBRIDGE 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
2014 10 JUN	£180,000	£202,451	11% below HPI
2011 24 JUN	£158,000	£190,616	17% below HPI

15 LUSBRIDGE 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 LUSBRIDGE CLOSE sales from June 2011 and June 2014 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 June 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 LUSBRIDGE CLOSE be worth now?

15 LUSBRIDGE CLOSE might now be worth an estimated £309,816.

This is based on house price inflation of 72.1%, between June 2014 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 72.1% inflationary increase is applied to the most recent sale price for 15 LUSBRIDGE CLOSE of £180,000 on 10th June 2014. For the value to have increased from £180,000 to £309,816 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 15 LUSBRIDGE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LUSBRIDGE CLOSE has not materially changed since June 2014.

How Large is 15 LUSBRIDGE CLOSE?

15 LUSBRIDGE CLOSE is 67m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 15 LUSBRIDGE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 15 LUSBRIDGE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

15 LUSBRIDGE CLOSE: Plot and Title Map

15 LUSBRIDGE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 15 LUSBRIDGE 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 LUSBRIDGE 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 LUSBRIDGE CLOSE?

15 LUSBRIDGE CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 15 on LUSBRIDGE CLOSE.