2, WRIGHT STREET, HALESOWEN, B63 3LB - £170,000

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.

2 WRIGHT STREET is a very small terraced house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £196,366. It was last sold for £170,000 in August 2021, which was around 1% above the average August 2021 terraced price in the Dudley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

2 WRIGHT STREET Sold Prices

Land registry data shows three sales for 2 WRIGHT STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. All of the three 2 WRIGHT STREET 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
2021 27 AUG	£170,000	£167,615	1% above HPI
2003 11 JUL	£88,000	£80,002	10% above HPI
1997 3 MAR	£46,000	£38,100	21% above HPI

2 WRIGHT STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The three 2 WRIGHT STREET sales between March 1997 and August 2021 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 WRIGHT STREET be worth now?

2 WRIGHT STREET might now be worth an estimated £196,366.

This is based on house price inflation of 15.5%, between August 2021 and July 2025, for terraced 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 15.5% inflationary increase is applied to the most recent sale price for 2 WRIGHT STREET of £170,000 on 27th August 2021. For the value to have increased from £170,000 to £196,366 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 2 WRIGHT STREET has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The August 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WRIGHT STREET has not materially changed since August 2021.

How Large is 2 WRIGHT STREET?

2 WRIGHT STREET is 60m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of terraced houses houses in Halesowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halesowen, and where 2 WRIGHT STREET lies on this distribution: 6% of terraced houses houses are smaller than 2 WRIGHT STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

2 WRIGHT STREET: Plot and Title Map

2 WRIGHT STREET sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 2 WRIGHT STREET, 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 WRIGHT STREET). 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 WRIGHT STREET?

2 WRIGHT STREET is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 2 on WRIGHT STREET.