2, THETFORD CLOSE, TIPTON, DY4 8AZ - £245,000

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.

2 THETFORD CLOSE is a midsized extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £285,743. It was last sold for £245,000 in July 2021, which was around 18% below the average July 2021 detached price in the Dudley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 THETFORD CLOSE Sold Prices

Land registry data shows two sales for 2 THETFORD 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 2 THETFORD 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
2021 16 JUL	£245,000	£298,774	18% below HPI
2005 20 DEC	£149,000	£192,169	22% below HPI

2 THETFORD 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 2 THETFORD CLOSE sales from December 2005 and July 2021 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 December 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 THETFORD CLOSE be worth now?

2 THETFORD CLOSE might now be worth an estimated £285,743.

This is based on house price inflation of 16.6%, between July 2021 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 16.6% inflationary increase is applied to the most recent sale price for 2 THETFORD CLOSE of £245,000 on 16th July 2021. For the value to have increased from £245,000 to £285,743 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 THETFORD CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THETFORD CLOSE has not materially changed since July 2021.

How Large is 2 THETFORD CLOSE?

2 THETFORD CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses houses in Coseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coseley, and where 2 THETFORD CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 THETFORD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Coseley.

2 THETFORD CLOSE: Plot and Title Map

2 THETFORD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 THETFORD 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 THETFORD 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 THETFORD CLOSE?

2 THETFORD CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 2 on THETFORD CLOSE.