29, MORGAN CLOSE, CRADLEY HEATH, B64 6DH - £152,500

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

29 MORGAN CLOSE is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £258,257. It was last sold for £152,500 in October 2015, which was around 18% below the average October 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

29 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 29 MORGAN 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 Sandwell local authority area for the corresponding sale date. One of the two 29 MORGAN CLOSE sales was for below the average price, whilst the other was for above 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
2015 9 OCT	£152,500	£186,628	18% below HPI
2004 27 FEB	£145,995	£144,717	1% above HPI

29 MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 29 MORGAN CLOSE sales from February 2004 and October 2015 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 February 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 29 MORGAN CLOSE be worth now?

29 MORGAN CLOSE might now be worth an estimated £258,257.

This is based on house price inflation of 69.3%, between October 2015 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.3% inflationary increase is applied to the most recent sale price for 29 MORGAN CLOSE of £152,500 on 9th October 2015. For the value to have increased from £152,500 to £258,257 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 MORGAN CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2015 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 29 MORGAN CLOSE has not materially changed since October 2015.

How Large is 29 MORGAN CLOSE?

29 MORGAN CLOSE is 91m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cradley Heath, and where 29 MORGAN CLOSE lies on this distribution: 39% of detached houses houses are smaller than 29 MORGAN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

29 MORGAN CLOSE: Plot and Title Map

29 MORGAN CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 29 MORGAN 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 29 MORGAN 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 29 MORGAN CLOSE?

29 MORGAN CLOSE is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 29 on MORGAN CLOSE.