17, RICHMOND GROVE, STOURBRIDGE, DY8 4SE - £299,275

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.

17 RICHMOND GROVE is a small extended semi-detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £415,879. It was last sold for £299,275 in May 2020, which was around 77% above the average May 2020 semi-detached price in the Dudley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

17 RICHMOND GROVE Sold Prices

Land registry data shows three sales for 17 RICHMOND GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the three 17 RICHMOND GROVE 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
2020 7 MAY	£299,275	£168,787	77% above HPI
2016 22 JUL	£225,000	£147,470	53% above HPI
2009 21 AUG	£193,000	£124,093	56% above HPI

17 RICHMOND GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 17 RICHMOND GROVE sales between August 2009 and May 2020 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 2016 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2020 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 17 RICHMOND GROVE be worth now?

17 RICHMOND GROVE might now be worth an estimated £415,879.

This is based on house price inflation of 39%, between May 2020 and March 2025, for semi-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 39% inflationary increase is applied to the most recent sale price for 17 RICHMOND GROVE of £299,275 on 7th May 2020. For the value to have increased from £299,275 to £415,879 over the five years and two months to March 2025, the following assumptions must hold true:

• The value of 17 RICHMOND GROVE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The May 2020 sale price of £299,275 represented a fair market value for the property.
• The size, condition, and specification of 17 RICHMOND GROVE has not materially changed since May 2020.

How Large is 17 RICHMOND GROVE?

17 RICHMOND GROVE is 104m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of semi-detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stourbridge, and where 17 RICHMOND GROVE lies on this distribution: 35% of semi-detached houses houses are smaller than 17 RICHMOND GROVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

17 RICHMOND GROVE: Plot and Title Map

17 RICHMOND GROVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 17 RICHMOND GROVE, 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 17 RICHMOND GROVE). 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 17 RICHMOND GROVE?

17 RICHMOND GROVE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 17 on RICHMOND GROVE.