THE WILLOWS, CHURCH STREET, HALESOWEN, B62 9LG - £253,000

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.

THE WILLOWS is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £298,013. It was last sold for £253,000 in June 2021, which was around 14% below the average June 2021 detached price in the Dudley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 THE WILLOWS 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
2021 18 JUN	£253,000	£295,826	14% below HPI
2007 16 JUL	£187,500	£207,581	10% below HPI

THE WILLOWS 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 THE WILLOWS sales from July 2007 and June 2021 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 July 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £298,013.

This is based on house price inflation of 17.8%, between June 2021 and February 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 17.8% inflationary increase is applied to the most recent sale price for THE WILLOWS of £253,000 on 18th June 2021. For the value to have increased from £253,000 to £298,013 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2021 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since June 2021.

How Large is THE WILLOWS?

THE WILLOWS is 70m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% 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 THE WILLOWS lies on this distribution: 12% of detached houses houses are smaller than THE WILLOWS, and 88% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on CHURCH STREET in HALESOWEN, in the B62 postcode district. The below map shows the position of THE WILLOWS on CHURCH STREET.