2, MAPPS CLOSE, HALESOWEN, B63 2TG - £139,000

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.

2 MAPPS CLOSE is a very small semi-detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £275,055. It was last sold for £139,000 in April 2013, which was around 15% above the average April 2013 semi-detached price in the Dudley local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 MAPPS CLOSE Sold Prices

Land registry data shows three sales for 2 MAPPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Two of the three 2 MAPPS CLOSE sales were for above the average price, whilst one was 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
2013 19 APR	£139,000	£121,200	15% above HPI
2007 22 NOV	£134,995	£138,288	2% below HPI
2005 29 APR	£142,995	£121,591	18% above HPI

2 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 three 2 MAPPS CLOSE sales between April 2005 and April 2013 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 November 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 MAPPS CLOSE be worth now?

2 MAPPS CLOSE might now be worth an estimated £275,055.

This is based on house price inflation of 97.9%, between April 2013 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 97.9% inflationary increase is applied to the most recent sale price for 2 MAPPS CLOSE of £139,000 on 19th April 2013. For the value to have increased from £139,000 to £275,055 over the twelve years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 MAPPS CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The April 2013 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAPPS CLOSE has not materially changed since April 2013.

How Large is 2 MAPPS CLOSE?

2 MAPPS CLOSE is 79m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% 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 2 MAPPS CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 2 MAPPS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

2 MAPPS CLOSE: Plot and Title Map

2 MAPPS CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 2 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 2 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 2 MAPPS CLOSE?

2 MAPPS CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 2 on MAPPS CLOSE.