16, SHEARING CLOSE, DUDLEY, DY1 3RQ - £274,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SHEARING CLOSE is a small detached house of 84m², built in 2021. It was last sold for £274,000 in June 2024, which was around 22% below the average June 2024 detached price in the Dudley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

16 SHEARING CLOSE Sold Prices

Land registry data shows two sales for 16 SHEARING 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 SHEARING 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
2024 14 JUN	£274,000	£351,102	22% below HPI
2021 16 APR	£225,000	£296,196	24% below HPI

16 SHEARING 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 SHEARING CLOSE sales from April 2021 and June 2024 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 April 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 SHEARING CLOSE?

16 SHEARING CLOSE is 84m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Coseley, based on EPC data. The below chart shows the distribution of detached houses by size in Coseley, and where 16 SHEARING CLOSE lies on this distribution: 30% of detached houses are smaller than 16 SHEARING CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Coseley.

16 SHEARING CLOSE: Plot and Title Map

16 SHEARING CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 16 SHEARING 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 SHEARING 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 SHEARING CLOSE?

16 SHEARING CLOSE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 16 on SHEARING CLOSE.