Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 SOUTHBANK VIEW is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £505,000 in October 2023, which was around 43% above the average October 2023 detached price in the Dudley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 SOUTHBANK VIEW since 1st 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. Both of the two 1 SOUTHBANK VIEW sales were for above 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 |
---|---|---|---|
2023 23 OCT | £505,000 | £352,782 | 43% above HPI |
2005 18 MAR | £262,500 | £189,726 | 38% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 1 SOUTHBANK VIEW sales from March 2005 and October 2023 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 March 2005 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
1 SOUTHBANK VIEW is 155m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 1 SOUTHBANK VIEW lies on this distribution: 92% of detached houses are smaller than 1 SOUTHBANK VIEW, and 8% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.
1 SOUTHBANK VIEW sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 1 SOUTHBANK VIEW, 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 1 SOUTHBANK VIEW). 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.
1 SOUTHBANK VIEW is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 1 on SOUTHBANK VIEW.