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

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

2 HEMMINGS CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £280,000 in January 2019, which was around 7% 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	£262,836	7% above HPI
2003 3 OCT	£146,000	£169,937	14% below HPI
1999 23 APR	£88,000	£87,409	1% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

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 in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 2 HEMMINGS CLOSE lies on this distribution: 7% of detached houses are smaller than 2 HEMMINGS CLOSE, and 93% 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.