Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
4 ELMSTONE CLOSE is a large detached house of 116m², built sometime between 2003 and 2006. It was last sold for £242,000 in May 2021, which was around 19% below the average May 2021 detached price in the Dudley local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 ELMSTONE CLOSE since 1st 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 4 ELMSTONE CLOSE sales were 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 |
---|---|---|---|
2021 14 MAY | £242,000 | £299,620 | 19% below HPI |
2016 17 JUN | £150,000 | £232,209 | 35% below HPI |
2010 22 OCT | £175,000 | £207,487 | 16% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 4 ELMSTONE CLOSE sales between October 2010 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
4 ELMSTONE CLOSE is 116m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 4 ELMSTONE CLOSE lies on this distribution: 68% of detached houses are smaller than 4 ELMSTONE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
4 ELMSTONE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4 ELMSTONE 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 4 ELMSTONE 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.
4 ELMSTONE CLOSE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 4 on ELMSTONE CLOSE.