8, WELBECK CLOSE, HALESOWEN, B62 8PX - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WELBECK CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £365,000 in November 2015, which was around 65% above the average November 2015 detached price in the Dudley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 WELBECK CLOSE Sold Prices

Land registry data shows four sales for 8 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. All of the four 8 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
2015 6 NOV	£365,000	£220,887	65% above HPI
2006 8 DEC	£337,500	£206,295	64% above HPI
2001 9 FEB	£199,950	£106,638	88% above HPI
2000 7 JUL	£183,500	£101,260	81% above HPI

8 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 8 WELBECK CLOSE sales between July 2000 and November 2015 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 2006 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the November 2015 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 8 WELBECK CLOSE?

8 WELBECK CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 8 WELBECK CLOSE lies on this distribution: 76% of detached houses are smaller than 8 WELBECK CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

8 WELBECK CLOSE: Plot and Title Map

8 WELBECK CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 8 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 8 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 8 WELBECK CLOSE?

8 WELBECK CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 8 on WELBECK CLOSE.