4, LOCKSIDE CLOSE, BRIERLEY HILL, DY5 2TT - £266,000

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 LOCKSIDE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £298,292. It was last sold for £266,000 in November 2021, which was around 14% below the average November 2021 detached price in the Dudley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

4 LOCKSIDE CLOSE Sold Prices

Land registry data shows two sales for 4 LOCKSIDE 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 LOCKSIDE 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
2021 16 NOV	£266,000	£310,736	14% below HPI
2003 14 FEB	£145,000	£146,176	1% below HPI

4 LOCKSIDE 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 LOCKSIDE CLOSE sales from February 2003 and November 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 February 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 LOCKSIDE CLOSE be worth now?

4 LOCKSIDE CLOSE might now be worth an estimated £298,292.

This is based on house price inflation of 12.1%, between November 2021 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 12.1% inflationary increase is applied to the most recent sale price for 4 LOCKSIDE CLOSE of £266,000 on 16th November 2021. For the value to have increased from £266,000 to £298,292 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LOCKSIDE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2021 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOCKSIDE CLOSE has not materially changed since November 2021.

How Large is 4 LOCKSIDE CLOSE?

4 LOCKSIDE CLOSE is 77m² according to the EPC inspection conducted in April 2021. 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 4 LOCKSIDE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 4 LOCKSIDE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

4 LOCKSIDE CLOSE: Plot and Title Map

4 LOCKSIDE CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 4 LOCKSIDE 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 LOCKSIDE 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 LOCKSIDE CLOSE?

4 LOCKSIDE CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 4 on LOCKSIDE CLOSE.