2, FOREST DRIVE, KINVER, STOURBRIDGE, DY7 6DX - £795,000

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

2 FOREST DRIVE is a very large extended detached house of 184m², built sometime before 1900. It was last sold for £795,000 in April 2023, which was around 90% above the average April 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was C.

2 FOREST DRIVE Sold Prices

Land registry data shows three sales for 2 FOREST 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 South Staffordshire local authority area for the corresponding sale date. All of the three 2 FOREST 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
2023 27 APR	£795,000	£418,775	90% above HPI
2021 25 MAR	£600,000	£358,855	67% above HPI
2015 21 DEC	£495,000	£280,979	76% above HPI

2 FOREST DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 2 FOREST DRIVE sales between December 2015 and April 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 2021 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2023 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 2 FOREST DRIVE?

2 FOREST DRIVE is 184m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 2 FOREST DRIVE lies on this distribution: 89% of detached houses are smaller than 2 FOREST DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Kinver.

2 FOREST DRIVE: Plot and Title Map

2 FOREST DRIVE sits on a plot of roughly 0.315 of an acre, or 1,275m². The below map shows the location of 2 FOREST 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 2 FOREST 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 2 FOREST DRIVE?

2 FOREST DRIVE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 2 on FOREST DRIVE.