18, MOUNT CLOSE, DUDLEY, DY3 2PU - £250,000

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.

18 MOUNT CLOSE is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £253,160. It was last sold for £250,000 in December 2022, which was around 27% below the average December 2022 detached price in the Dudley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

18 MOUNT CLOSE Sold Prices

Land registry data shows two sales for 18 MOUNT 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 18 MOUNT 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
2022 2 DEC	£250,000	£344,109	27% below HPI
2006 18 JUL	£170,000	£198,042	14% below HPI

18 MOUNT 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 18 MOUNT CLOSE sales from July 2006 and December 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 18 MOUNT CLOSE be worth now?

18 MOUNT CLOSE might now be worth an estimated £253,160.

This is based on house price inflation of 1.3%, between December 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 1.3% inflationary increase is applied to the most recent sale price for 18 MOUNT CLOSE of £250,000 on 2nd December 2022. For the value to have increased from £250,000 to £253,160 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 MOUNT CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The December 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MOUNT CLOSE has not materially changed since December 2022.

How Large is 18 MOUNT CLOSE?

18 MOUNT CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 18 MOUNT CLOSE lies on this distribution: 17% of detached houses houses are smaller than 18 MOUNT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

18 MOUNT CLOSE: Plot and Title Map

18 MOUNT CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 18 MOUNT 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 MOUNT 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 MOUNT CLOSE?

18 MOUNT CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 18 on MOUNT CLOSE.