9, PRICE CLOSE, HAGLEY, STOURBRIDGE, DY9 0WS - £700,000

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

9 PRICE CLOSE is a very large detached house of 205m², which could now be worth an estimated £819,810. It was last sold for £700,000 in February 2020, which was around 62% above the average February 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

9 PRICE CLOSE Sold Prices

Land registry data shows two sales for 9 PRICE 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 9 PRICE 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
2020 28 FEB	£700,000	£433,375	62% above HPI
2015 28 MAY	£600,000	£337,594	78% above HPI

9 PRICE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 9 PRICE CLOSE sales from May 2015 and February 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 May 2015 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the February 2020 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 9 PRICE CLOSE be worth now?

9 PRICE CLOSE might now be worth an estimated £819,810.

This is based on house price inflation of 17.1%, between February 2020 and December 2024, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 9 PRICE CLOSE of £700,000 on 28th February 2020. For the value to have increased from £700,000 to £819,810 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 9 PRICE CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRICE CLOSE has not materially changed since February 2020.

How Large is 9 PRICE CLOSE?

9 PRICE CLOSE is 205m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagley, and where 9 PRICE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 9 PRICE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hagley.

9 PRICE CLOSE: Plot and Title Map

9 PRICE CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 9 PRICE 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 9 PRICE 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 9 PRICE CLOSE?

9 PRICE CLOSE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 9 on PRICE CLOSE.