24, MELBOURNE CLOSE, KINGSWINFORD, DY6 8JH - £335,000

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.

24 MELBOURNE CLOSE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £377,270. It was last sold for £335,000 in February 2022, which was around 8% above the average February 2022 detached price in the Dudley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

24 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 24 MELBOURNE 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 Dudley local authority area for the corresponding sale date. Both of the two 24 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
2022 17 FEB	£335,000	£310,872	8% above HPI
1996 2 FEB	£80,000	£73,112	9% above HPI

24 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 two 24 MELBOURNE CLOSE sales from February 1996 and February 2022 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 February 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 24 MELBOURNE CLOSE be worth now?

24 MELBOURNE CLOSE might now be worth an estimated £377,270.

This is based on house price inflation of 12.6%, between February 2022 and October 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 12.6% inflationary increase is applied to the most recent sale price for 24 MELBOURNE CLOSE of £335,000 on 17th February 2022. For the value to have increased from £335,000 to £377,270 over the two years and four months to October 2025, the following assumptions must hold true:

• The value of 24 MELBOURNE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The February 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MELBOURNE CLOSE has not materially changed since February 2022.

How Large is 24 MELBOURNE CLOSE?

24 MELBOURNE CLOSE is 90m² according to the EPC inspection conducted in April 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 24 MELBOURNE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 24 MELBOURNE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

24 MELBOURNE CLOSE: Plot and Title Map

24 MELBOURNE CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 24 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 24 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 24 MELBOURNE CLOSE?

24 MELBOURNE CLOSE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 24 on MELBOURNE CLOSE.