4, MELBOURNE CLOSE, KINGSWINFORD, DY6 8JH - £315,000

4 MELBOURNE CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £315,000 in June 2019, which was around 19% above the average June 2019 detached price in the Dudley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

4 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 4 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. One of the two 4 MELBOURNE CLOSE sales was for above the average price, whilst the other 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
2019 27 JUN	£315,000	£265,759	19% above HPI
1997 22 JUL	£75,000	£81,800	8% below HPI

4 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 4 MELBOURNE CLOSE sales from July 1997 and June 2019 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 July 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 4 MELBOURNE CLOSE?

4 MELBOURNE CLOSE is 109m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 4 MELBOURNE CLOSE lies on this distribution: 56% of detached houses are smaller than 4 MELBOURNE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

4 MELBOURNE CLOSE: Plot and Title Map

4 MELBOURNE CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 4 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 4 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 4 MELBOURNE CLOSE?

4 MELBOURNE CLOSE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 4 on MELBOURNE CLOSE.