2, HEMMINGS CLOSE, STOURBRIDGE, DY8 3TH - £280,000

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

2 HEMMINGS CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £380,394. It was last sold for £280,000 in January 2019, which was around 9% above the average January 2019 detached price in the Dudley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 HEMMINGS CLOSE Sold Prices

Land registry data shows three sales for 2 HEMMINGS 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. Two of the three 2 HEMMINGS CLOSE sales were for above the average price, whilst one was 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
2019 31 JAN	£280,000	£256,493	9% above HPI
2003 3 OCT	£146,000	£165,835	12% below HPI
1999 23 APR	£88,000	£85,299	3% above HPI

2 HEMMINGS 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 2 HEMMINGS CLOSE sales between April 1999 and January 2019 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 HEMMINGS CLOSE be worth now?

2 HEMMINGS CLOSE might now be worth an estimated £380,394.

This is based on house price inflation of 35.9%, between January 2019 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 35.9% inflationary increase is applied to the most recent sale price for 2 HEMMINGS CLOSE of £280,000 on 31st January 2019. For the value to have increased from £280,000 to £380,394 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 HEMMINGS CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEMMINGS CLOSE has not materially changed since January 2019.

How Large is 2 HEMMINGS CLOSE?

2 HEMMINGS CLOSE is 72m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 2 HEMMINGS CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 HEMMINGS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2 HEMMINGS CLOSE: Plot and Title Map

2 HEMMINGS CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 HEMMINGS 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 2 HEMMINGS 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 2 HEMMINGS CLOSE?

2 HEMMINGS CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 2 on HEMMINGS CLOSE.