4, WELBECK CLOSE, HALESOWEN, B62 8PX - £475,000

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

4 WELBECK CLOSE is a large extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £477,914. It was last sold for £475,000 in February 2023, which was around 38% above the average February 2023 detached price in the Dudley local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

4 WELBECK CLOSE Sold Prices

Land registry data shows four sales for 4 WELBECK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Most of the four 4 WELBECK 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
2023 17 FEB	£475,000	£344,613	38% above HPI
2018 18 JUN	£336,000	£249,984	34% above HPI
2007 7 SEP	£190,000	£210,042	10% below HPI
2000 24 NOV	£165,000	£103,494	59% above HPI

4 WELBECK 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 four 4 WELBECK CLOSE sales between November 2000 and February 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 June 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 WELBECK CLOSE be worth now?

4 WELBECK CLOSE might now be worth an estimated £477,914.

This is based on house price inflation of 0.6%, between February 2023 and December 2024, 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 0.6% inflationary increase is applied to the most recent sale price for 4 WELBECK CLOSE of £475,000 on 17th February 2023. For the value to have increased from £475,000 to £477,914 over the two months to December 2024, the following assumptions must hold true:

• The value of 4 WELBECK CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The February 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WELBECK CLOSE has not materially changed since February 2023.

How Large is 4 WELBECK CLOSE?

4 WELBECK CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 40% 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 WELBECK CLOSE lies on this distribution: 64% of detached houses houses are smaller than 4 WELBECK CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

4 WELBECK CLOSE: Plot and Title Map

4 WELBECK CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 WELBECK 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 WELBECK 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 WELBECK CLOSE?

4 WELBECK CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 4 on WELBECK CLOSE.