16, BRADES CLOSE, HALESOWEN, B63 2XZ - £238,000

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

16 BRADES CLOSE is a small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £312,260. It was last sold for £238,000 in January 2020, which was around 10% below the average January 2020 detached price in the Dudley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 BRADES CLOSE Sold Prices

Land registry data shows two sales for 16 BRADES 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 16 BRADES 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
2020 7 JAN	£238,000	£265,590	10% below HPI
1999 30 SEP	£84,000	£89,826	6% below HPI

16 BRADES 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 16 BRADES CLOSE sales from September 1999 and January 2020 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 September 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 BRADES CLOSE be worth now?

16 BRADES CLOSE might now be worth an estimated £312,260.

This is based on house price inflation of 31.2%, between January 2020 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 31.2% inflationary increase is applied to the most recent sale price for 16 BRADES CLOSE of £238,000 on 7th January 2020. For the value to have increased from £238,000 to £312,260 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 BRADES CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2020 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BRADES CLOSE has not materially changed since January 2020.

How Large is 16 BRADES CLOSE?

16 BRADES CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% 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 16 BRADES CLOSE lies on this distribution: 36% of detached houses houses are smaller than 16 BRADES CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

16 BRADES CLOSE: Plot and Title Map

16 BRADES CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 BRADES 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 16 BRADES 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 16 BRADES CLOSE?

16 BRADES CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 16 on BRADES CLOSE.