16, WALNUT CLOSE, STOURBRIDGE, DY9 0XT - £110,000

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.

16 WALNUT CLOSE is a detached house, which could now be worth an estimated £315,217. It was last sold for £110,000 in May 2002, which was around 12% below the average May 2002 detached price in the Dudley local authority area.

16 WALNUT CLOSE Sold Prices

Land registry data shows two sales for 16 WALNUT 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 16 WALNUT CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2002 1 MAY	£110,000	£124,680	12% below HPI
1996 22 AUG	£75,000	£74,733	Close to HPI

What might 16 WALNUT CLOSE be worth now?

16 WALNUT CLOSE might now be worth an estimated £315,217.

This is based on house price inflation of 186.6%, between May 2002 and May 2026, 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 186.6% inflationary increase is applied to the most recent sale price for 16 WALNUT CLOSE of £110,000 on 1st May 2002. For the value to have increased from £110,000 to £315,217 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 16 WALNUT CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2002 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WALNUT CLOSE has not materially changed since May 2002.

Where is 16 WALNUT CLOSE?

16 WALNUT CLOSE is located in STOURBRIDGE, in the DY9 postcode district.