4, KELWOOD DRIVE, HALESOWEN, B63 3SB - £275,000

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

4 KELWOOD DRIVE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2022, which was around 20% below the average August 2022 detached price in the Dudley local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 KELWOOD DRIVE Sold Prices

Land registry data shows three sales for 4 KELWOOD 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 Dudley local authority area for the corresponding sale date. All of the three 4 KELWOOD DRIVE 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
2022 26 AUG	£275,000	£345,572	20% below HPI
2018 17 DEC	£232,000	£262,840	12% below HPI
2007 22 NOV	£165,000	£218,109	24% below HPI

4 KELWOOD DRIVE 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 three 4 KELWOOD DRIVE sales between November 2007 and August 2022 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 KELWOOD DRIVE?

4 KELWOOD DRIVE is 76m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 4 KELWOOD DRIVE lies on this distribution: 16% of detached houses are smaller than 4 KELWOOD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

4 KELWOOD DRIVE: Plot and Title Map

4 KELWOOD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4 KELWOOD 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 4 KELWOOD 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 4 KELWOOD DRIVE?

4 KELWOOD DRIVE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 4 on KELWOOD DRIVE.