4, HANLEY CLOSE, HALESOWEN, B63 4DP - £305,000

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.

4 HANLEY CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £317,811. It was last sold for £305,000 in May 2023, which was around 9% below the average May 2023 detached price in the Dudley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

4 HANLEY CLOSE Sold Prices

Land registry data shows two sales for 4 HANLEY 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 4 HANLEY 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
2023 5 MAY	£305,000	£334,413	9% below HPI
2017 11 SEP	£190,000	£242,181	22% below HPI

4 HANLEY 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 4 HANLEY CLOSE sales from September 2017 and May 2023 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 September 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 HANLEY CLOSE be worth now?

4 HANLEY CLOSE might now be worth an estimated £317,811.

This is based on house price inflation of 4.2%, between May 2023 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 4.2% inflationary increase is applied to the most recent sale price for 4 HANLEY CLOSE of £305,000 on 5th May 2023. For the value to have increased from £305,000 to £317,811 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 4 HANLEY CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HANLEY CLOSE has not materially changed since May 2023.

How Large is 4 HANLEY CLOSE?

4 HANLEY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 4 HANLEY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 4 HANLEY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

4 HANLEY CLOSE: Plot and Title Map

4 HANLEY CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 4 HANLEY 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 4 HANLEY 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 4 HANLEY CLOSE?

4 HANLEY CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 4 on HANLEY CLOSE.