2B, MELBOURNE CLOSE, KINGSWINFORD, DY6 8JH - £308,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

2B MELBOURNE CLOSE is a very large extended detached house of 145m², built sometime from 2007 onwards. It was last sold for £308,000 in March 2021, which was around 3% above the average March 2021 detached price in the Dudley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

2B MELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 2B MELBOURNE 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 2B MELBOURNE CLOSE sales were 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
2021 4 MAR	£308,000	£297,827	3% above HPI
2018 12 JAN	£295,000	£249,412	18% above HPI
2010 18 JUN	£250,000	£202,555	23% above HPI

2B MELBOURNE 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 2B MELBOURNE CLOSE sales between June 2010 and March 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 January 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2B MELBOURNE CLOSE?

2B MELBOURNE CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 2B MELBOURNE CLOSE lies on this distribution: 88% of detached houses are smaller than 2B MELBOURNE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

2B MELBOURNE CLOSE: Plot and Title Map

2B MELBOURNE CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2B MELBOURNE 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 2B MELBOURNE 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 2B MELBOURNE CLOSE?

2B MELBOURNE CLOSE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 2B on MELBOURNE CLOSE.