8, BROOMEHILL CLOSE, BRIERLEY HILL, DY5 2PE - £255,000

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

8 BROOMEHILL CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2023, which was around 26% below the average June 2023 detached price in the Dudley local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

8 BROOMEHILL CLOSE Sold Prices

Land registry data shows three sales for 8 BROOMEHILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 8 BROOMEHILL 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 16 JUN	£255,000	£342,867	26% below HPI
2004 16 DEC	£157,000	£194,593	19% below HPI
1997 21 MAR	£65,000	£78,233	17% below HPI

8 BROOMEHILL 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 three 8 BROOMEHILL CLOSE sales between March 1997 and June 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 December 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 BROOMEHILL CLOSE?

8 BROOMEHILL CLOSE is 67m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 8 BROOMEHILL CLOSE lies on this distribution: 9% of detached houses are smaller than 8 BROOMEHILL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

8 BROOMEHILL CLOSE: Plot and Title Map

8 BROOMEHILL CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 BROOMEHILL 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 8 BROOMEHILL 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 8 BROOMEHILL CLOSE?

8 BROOMEHILL CLOSE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 8 on BROOMEHILL CLOSE.