22, ROYAL CLOSE, BRIERLEY HILL, DY5 3HW - £110,000

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.

22 ROYAL CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £145,096. It was last sold for £110,000 in February 2020, which was around 58% below the average February 2020 detached price in the Dudley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

22 ROYAL CLOSE Sold Prices

Land registry data shows three sales for 22 ROYAL 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 22 ROYAL 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
2020 7 FEB	£110,000	£264,173	58% below HPI
2002 22 MAR	£50,000	£119,442	58% below HPI
2001 5 NOV	£90,000	£114,258	21% below HPI

22 ROYAL 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 22 ROYAL CLOSE sales between November 2001 and February 2020 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 March 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2020 sale, which was also at 58% below the HPI.

What might 22 ROYAL CLOSE be worth now?

22 ROYAL CLOSE might now be worth an estimated £145,096.

This is based on house price inflation of 31.9%, between February 2020 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 31.9% inflationary increase is applied to the most recent sale price for 22 ROYAL CLOSE of £110,000 on 7th February 2020. For the value to have increased from £110,000 to £145,096 over the five years to February 2025, the following assumptions must hold true:

• The value of 22 ROYAL CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The February 2020 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ROYAL CLOSE has not materially changed since February 2020.

How Large is 22 ROYAL CLOSE?

22 ROYAL CLOSE is 77m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierley Hill, and where 22 ROYAL CLOSE lies on this distribution: 20% of detached houses houses are smaller than 22 ROYAL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

22 ROYAL CLOSE: Plot and Title Map

22 ROYAL CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 22 ROYAL 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 22 ROYAL 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 22 ROYAL CLOSE?

22 ROYAL CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 22 on ROYAL CLOSE.