3, PRICE CLOSE, HAGLEY, STOURBRIDGE, DY9 0WS - £435,000

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.

3 PRICE CLOSE is a small detached house of 125m², which could now be worth an estimated £571,848. It was last sold for £435,000 in January 2018, which was around 9% above the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

3 PRICE CLOSE Sold Prices

Land registry data shows two sales for 3 PRICE 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 3 PRICE 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
2018 12 JAN	£435,000	£398,028	9% above HPI
2015 21 MAY	£425,000	£337,594	26% above HPI

3 PRICE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 3 PRICE CLOSE sales from May 2015 and January 2018 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 May 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 PRICE CLOSE be worth now?

3 PRICE CLOSE might now be worth an estimated £571,848.

This is based on house price inflation of 31.5%, between January 2018 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 3 PRICE CLOSE of £435,000 on 12th January 2018. For the value to have increased from £435,000 to £571,848 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 PRICE CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The January 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRICE CLOSE has not materially changed since January 2018.

How Large is 3 PRICE CLOSE?

3 PRICE CLOSE is 125m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagley, and where 3 PRICE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 3 PRICE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hagley.

3 PRICE CLOSE: Plot and Title Map

3 PRICE CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 PRICE 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 3 PRICE 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 3 PRICE CLOSE?

3 PRICE CLOSE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 3 on PRICE CLOSE.