18, GARRET CLOSE, KINGSWINFORD, DY6 7RF - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 GARRET CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £300,000 in May 2024, which was around 14% below the average May 2024 detached price in the Dudley local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

18 GARRET CLOSE Sold Prices

Land registry data shows three sales for 18 GARRET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 18 GARRET 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 3 MAY	£300,000	£347,393	14% below HPI
2023 9 OCT	£14,480	£352,782	96% below HPI
1998 21 MAY	£80,000	£83,419	4% below HPI

18 GARRET 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 three 18 GARRET CLOSE sales between May 1998 and May 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 October 2023 sale was for 96% below the HPI. So the extrapolation line tracks at 96% below the HPI over time, until the May 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 GARRET CLOSE?

18 GARRET CLOSE is 68m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 18 GARRET CLOSE lies on this distribution: 10% of detached houses are smaller than 18 GARRET CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

18 GARRET CLOSE: Plot and Title Map

18 GARRET CLOSE sits on a plot of roughly 0.093 of an acre, or 374m². The below map shows the location of 18 GARRET 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 18 GARRET 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 18 GARRET CLOSE?

18 GARRET CLOSE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 18 on GARRET CLOSE.