5, CHERRYWOOD CLOSE, COSELEY, BILSTON, WV14 9NJ - £59,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHERRYWOOD CLOSE is a very small detached house of 54m², built sometime between 1996 and 2002. It was last sold for £59,950 in January 2002, which was around 51% below the average January 2002 detached price in the Dudley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 CHERRYWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 CHERRYWOOD 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 5 CHERRYWOOD 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
2002 25 JAN	£59,950	£121,843	51% below HPI
2000 8 SEP	£59,950	£103,400	42% below HPI

5 CHERRYWOOD 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 5 CHERRYWOOD CLOSE sales from September 2000 and January 2002 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 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2002 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 5 CHERRYWOOD CLOSE?

5 CHERRYWOOD CLOSE is 54m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Coseley, based on EPC data. The below chart shows the distribution of detached houses by size in Coseley, and where 5 CHERRYWOOD CLOSE lies on this distribution: 3% of detached houses are smaller than 5 CHERRYWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Coseley.

5 CHERRYWOOD CLOSE: Plot and Title Map

5 CHERRYWOOD CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 5 CHERRYWOOD 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 5 CHERRYWOOD 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 5 CHERRYWOOD CLOSE?

5 CHERRYWOOD CLOSE is located in COSELEY, in the WV14 postcode district. The below map shows the position of No. 5 on CHERRYWOOD CLOSE.