5, HOPYARD CLOSE, DUDLEY, DY3 2XJ - £207,500

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.

5 HOPYARD CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £264,047. It was last sold for £207,500 in July 2020, which was around 24% below the average July 2020 detached price in the Dudley local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

5 HOPYARD CLOSE Sold Prices

Land registry data shows two sales for 5 HOPYARD 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 HOPYARD 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
2020 24 JUL	£207,500	£274,306	24% below HPI
1999 10 SEP	£75,000	£89,826	17% below HPI

5 HOPYARD 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 HOPYARD CLOSE sales from September 1999 and July 2020 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 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 HOPYARD CLOSE be worth now?

5 HOPYARD CLOSE might now be worth an estimated £264,047.

This is based on house price inflation of 27.3%, between July 2020 and March 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 27.3% inflationary increase is applied to the most recent sale price for 5 HOPYARD CLOSE of £207,500 on 24th July 2020. For the value to have increased from £207,500 to £264,047 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 5 HOPYARD CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2020 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HOPYARD CLOSE has not materially changed since July 2020.

How Large is 5 HOPYARD CLOSE?

5 HOPYARD CLOSE is 79m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 5 HOPYARD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 5 HOPYARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

5 HOPYARD CLOSE: Plot and Title Map

5 HOPYARD CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 5 HOPYARD 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 HOPYARD 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 HOPYARD CLOSE?

5 HOPYARD CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 5 on HOPYARD CLOSE.