3, MAPPS CLOSE, HALESOWEN, B63 2TG - £162,000

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.

3 MAPPS CLOSE is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £243,038. It was last sold for £162,000 in December 2017, which was around 22% above the average December 2017 terraced price in the Dudley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 MAPPS CLOSE Sold Prices

Land registry data shows two sales for 3 MAPPS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Both of the two 3 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 15 DEC	£162,000	£132,679	22% above HPI
2005 28 OCT	£159,950	£105,553	52% above HPI

3 MAPPS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The two 3 MAPPS CLOSE sales from October 2005 and December 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 October 2005 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 MAPPS CLOSE be worth now?

3 MAPPS CLOSE might now be worth an estimated £243,038.

This is based on house price inflation of 50%, between December 2017 and May 2026, for terraced 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 50% inflationary increase is applied to the most recent sale price for 3 MAPPS CLOSE of £162,000 on 15th December 2017. For the value to have increased from £162,000 to £243,038 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 MAPPS CLOSE has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The December 2017 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MAPPS CLOSE has not materially changed since December 2017.

How Large is 3 MAPPS CLOSE?

3 MAPPS CLOSE is 94m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of terraced houses houses in Halesowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halesowen, and where 3 MAPPS CLOSE lies on this distribution: 35% of terraced houses houses are smaller than 3 MAPPS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

3 MAPPS CLOSE: Plot and Title Map

3 MAPPS CLOSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 3 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 3 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 3 MAPPS CLOSE?

3 MAPPS CLOSE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 3 on MAPPS CLOSE.