38, SUMMER HILL, HALESOWEN, B63 3BU - £167,500

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.

38 SUMMER HILL is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £203,705. It was last sold for £167,500 in December 2020, which was around 42% below the average December 2020 detached price in the Dudley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

38 SUMMER HILL Sold Prices

Land registry data shows five sales for 38 SUMMER HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the five 38 SUMMER HILL sales were 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
2020 16 DEC	£167,500	£286,527	42% below HPI
2017 8 DEC	£149,950	£244,596	39% below HPI
2004 7 OCT	£112,950	£190,333	41% below HPI
2004 13 FEB	£83,000	£168,158	51% below HPI
1999 18 JUN	£46,000	£87,783	48% below HPI

38 SUMMER HILL 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 five 38 SUMMER HILL sales between June 1999 and December 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 December 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 38 SUMMER HILL be worth now?

38 SUMMER HILL might now be worth an estimated £203,705.

This is based on house price inflation of 21.6%, between December 2020 and February 2025, 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 21.6% inflationary increase is applied to the most recent sale price for 38 SUMMER HILL of £167,500 on 16th December 2020. For the value to have increased from £167,500 to £203,705 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 SUMMER HILL has moved in line with the HPI for detached houses in the Dudley local authority area.
• The December 2020 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 38 SUMMER HILL has not materially changed since December 2020.

How Large is 38 SUMMER HILL?

38 SUMMER HILL is 78m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 38 SUMMER HILL lies on this distribution: 17% of detached houses houses are smaller than 38 SUMMER HILL, and 82% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

38 SUMMER HILL: Plot and Title Map

38 SUMMER HILL sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 38 SUMMER HILL, 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 38 SUMMER HILL). 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 38 SUMMER HILL?

38 SUMMER HILL is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 38 on SUMMER HILL.