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
12 THE JUNCTION is a midsized extended detached house of 100m², built sometime before 1900. It was last sold for £265,000 in March 2019, which was about the average March 2019 detached price in the Dudley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 12 THE JUNCTION 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. One of the two 12 THE JUNCTION sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2019 11 MAR | £265,000 | £264,358 | Close to HPI |
2011 15 APR | £125,000 | £193,821 | 36% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 12 THE JUNCTION sales from April 2011 and March 2019 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 April 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
12 THE JUNCTION is 100m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 12 THE JUNCTION lies on this distribution: 46% of detached houses are smaller than 12 THE JUNCTION, and 53% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.
12 THE JUNCTION sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 12 THE JUNCTION, 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 THE JUNCTION). 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.
12 THE JUNCTION is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 12 on THE JUNCTION.