10, MELBOURNE CLOSE, KINGSWINFORD, DY6 8JH - £320,000

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.

10 MELBOURNE CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £370,257. It was last sold for £320,000 in May 2021, which was around 9% above the average May 2021 detached price in the Dudley local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

10 MELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 10 MELBOURNE 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 10 MELBOURNE 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
2021 27 MAY	£320,000	£292,389	9% above HPI
2006 4 AUG	£225,000	£199,736	13% above HPI
2004 30 APR	£185,000	£170,048	9% above HPI

10 MELBOURNE 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 10 MELBOURNE CLOSE sales between April 2004 and May 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 August 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 MELBOURNE CLOSE be worth now?

10 MELBOURNE CLOSE might now be worth an estimated £370,257.

This is based on house price inflation of 15.7%, between May 2021 and June 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 15.7% inflationary increase is applied to the most recent sale price for 10 MELBOURNE CLOSE of £320,000 on 27th May 2021. For the value to have increased from £320,000 to £370,257 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 10 MELBOURNE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MELBOURNE CLOSE has not materially changed since May 2021.

How Large is 10 MELBOURNE CLOSE?

10 MELBOURNE CLOSE is 92m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswinford, and where 10 MELBOURNE CLOSE lies on this distribution: 36% of detached houses houses are smaller than 10 MELBOURNE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

10 MELBOURNE CLOSE: Plot and Title Map

10 MELBOURNE CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 10 MELBOURNE 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 10 MELBOURNE 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 10 MELBOURNE CLOSE?

10 MELBOURNE CLOSE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 10 on MELBOURNE CLOSE.