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

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

8 WELBECK CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £587,111. It was last sold for £365,000 in November 2015, which was around 69% 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	£215,556	69% above HPI
2006 8 DEC	£337,500	£201,317	68% above HPI
2001 9 FEB	£199,950	£104,065	92% above HPI
2000 7 JUL	£183,500	£98,816	86% 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the November 2015 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 8 WELBECK CLOSE be worth now?

8 WELBECK CLOSE might now be worth an estimated £587,111.

This is based on house price inflation of 60.9%, between November 2015 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 60.9% inflationary increase is applied to the most recent sale price for 8 WELBECK CLOSE of £365,000 on 6th November 2015. For the value to have increased from £365,000 to £587,111 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 WELBECK CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELBECK CLOSE has not materially changed since November 2015.

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 houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 8 WELBECK CLOSE lies on this distribution: 76% of detached houses 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.