12, MAPPS CLOSE, HALESOWEN, B63 2TG - £182,500

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.

12 MAPPS CLOSE is a midsized semi-detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £288,830. It was last sold for £182,500 in February 2017, which was around 20% above the average February 2017 semi-detached price in the Dudley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

12 MAPPS CLOSE Sold Prices

Land registry data shows two sales for 12 MAPPS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 12 MAPPS 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
2017 22 FEB	£182,500	£151,540	20% above HPI
2005 28 SEP	£174,995	£125,992	39% above HPI

12 MAPPS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The two 12 MAPPS CLOSE sales from September 2005 and February 2017 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 September 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 12 MAPPS CLOSE be worth now?

12 MAPPS CLOSE might now be worth an estimated £288,830.

This is based on house price inflation of 58.3%, between February 2017 and May 2026, for semi-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 58.3% inflationary increase is applied to the most recent sale price for 12 MAPPS CLOSE of £182,500 on 22nd February 2017. For the value to have increased from £182,500 to £288,830 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 MAPPS CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The February 2017 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MAPPS CLOSE has not materially changed since February 2017.

How Large is 12 MAPPS CLOSE?

12 MAPPS CLOSE is 98m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of semi-detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halesowen, and where 12 MAPPS CLOSE lies on this distribution: 40% of semi-detached houses houses are smaller than 12 MAPPS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

12 MAPPS CLOSE: Plot and Title Map

12 MAPPS CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 12 MAPPS 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 12 MAPPS 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 12 MAPPS CLOSE?

12 MAPPS CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 12 on MAPPS CLOSE.