62, PEARCE CLOSE, DUDLEY, DY1 2LX - £141,000

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.

62 PEARCE CLOSE is a very small semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £208,288. It was last sold for £141,000 in June 2018, which was around 13% below the average June 2018 semi-detached price in the Dudley local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

62 PEARCE CLOSE Sold Prices

Land registry data shows five sales for 62 PEARCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the five 62 PEARCE 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
2018 18 JUN	£141,000	£162,354	13% below HPI
2014 29 JUL	£117,500	£131,787	11% below HPI
2011 10 JUN	£120,000	£122,785	2% below HPI
2007 12 SEP	£66,000	£137,207	52% below HPI
1999 4 JUN	£29,000	£53,404	46% below HPI

62 PEARCE 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 five 62 PEARCE CLOSE sales between June 1999 and June 2018 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 62 PEARCE CLOSE be worth now?

62 PEARCE CLOSE might now be worth an estimated £208,288.

This is based on house price inflation of 47.7%, between June 2018 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 47.7% inflationary increase is applied to the most recent sale price for 62 PEARCE CLOSE of £141,000 on 18th June 2018. For the value to have increased from £141,000 to £208,288 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 62 PEARCE CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The June 2018 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 62 PEARCE CLOSE has not materially changed since June 2018.

How Large is 62 PEARCE CLOSE?

62 PEARCE CLOSE is 68m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of semi-detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dudley, and where 62 PEARCE CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 62 PEARCE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Dudley.

62 PEARCE CLOSE: Plot and Title Map

62 PEARCE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 62 PEARCE 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 62 PEARCE 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 62 PEARCE CLOSE?

62 PEARCE CLOSE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 62 on PEARCE CLOSE.