12, HYDE MILL DRIVE, WOLLASTON, STOURBRIDGE, DY8 4GB - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 HYDE MILL DRIVE is a midsized detached house of 125m². It was last sold for £310,000 in May 2017, which was around 33% above the average May 2017 detached price in the Dudley local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was A.

12 HYDE MILL DRIVE Sold Prices

Land registry data shows three sales for 12 HYDE MILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 12 HYDE MILL DRIVE 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
2017 19 MAY	£310,000	£232,726	33% above HPI
2015 31 JUL	£250,000	£212,425	18% above HPI
2014 18 DEC	£283,750	£206,831	37% above HPI

12 HYDE MILL DRIVE 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 three 12 HYDE MILL DRIVE sales between December 2014 and May 2017 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 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2017 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 12 HYDE MILL DRIVE be worth now?

12 HYDE MILL DRIVE might now be worth an estimated £461,854.

This is based on house price inflation of 49%, between May 2017 and December 2024, 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 49% inflationary increase is applied to the most recent sale price for 12 HYDE MILL DRIVE of £310,000 on 19th May 2017. For the value to have increased from £310,000 to £461,854 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 12 HYDE MILL DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HYDE MILL DRIVE has not materially changed since May 2017.

How Large is 12 HYDE MILL DRIVE?

12 HYDE MILL DRIVE is 125m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 12 HYDE MILL DRIVE lies on this distribution: 59% of detached houses houses are smaller than 12 HYDE MILL DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

12 HYDE MILL DRIVE: Plot and Title Map

12 HYDE MILL DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 HYDE MILL DRIVE, 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 12 HYDE MILL DRIVE). 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 12 HYDE MILL DRIVE?

12 HYDE MILL DRIVE is located in WOLLASTON, in the DY8 postcode district. The below map shows the position of No. 12 on HYDE MILL DRIVE.