38, ORMONDE CLOSE, HALESOWEN, B63 2XY - £265,000

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.

38 ORMONDE CLOSE is a very small detached house of 79m², built in 2017, which could now be worth an estimated £365,073. It was last sold for £265,000 in June 2019, which was around 2% above the average June 2019 detached price in the Dudley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

38 ORMONDE CLOSE Sold Prices

Land registry data shows one sale for 38 ORMONDE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Dudley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 JUN	£265,000	£259,346	2% above HPI

What might 38 ORMONDE CLOSE be worth now?

38 ORMONDE CLOSE might now be worth an estimated £365,073.

This is based on house price inflation of 37.8%, between June 2019 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 37.8% inflationary increase is applied to the most recent sale price for 38 ORMONDE CLOSE of £265,000 on 28th June 2019. For the value to have increased from £265,000 to £365,073 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 38 ORMONDE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ORMONDE CLOSE has not materially changed since June 2019.

How Large is 38 ORMONDE CLOSE?

38 ORMONDE CLOSE is 79m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 38 ORMONDE CLOSE lies on this distribution: 17% of detached houses are smaller than 38 ORMONDE CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Halesowen.

38 ORMONDE CLOSE: Plot

38 ORMONDE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m².

Where is 38 ORMONDE CLOSE?

38 ORMONDE CLOSE is located in HALESOWEN, in the B63 postcode district.