40, PARQUET GROVE, KINGSWINFORD, DY6 7NG - £370,000

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.

40 PARQUET GROVE is a large detached house of 114m², which could now be worth an estimated £385,541. It was last sold for £370,000 in May 2023, which was around 11% above the average May 2023 detached price in the Dudley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

40 PARQUET GROVE Sold Prices

Land registry data shows two sales for 40 PARQUET GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 40 PARQUET 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
2023 2 MAY	£370,000	£334,413	11% above HPI
2021 17 MAR	£301,103	£290,639	4% above HPI

40 PARQUET GROVE 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 two 40 PARQUET GROVE sales from March 2021 and May 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 40 PARQUET GROVE be worth now?

40 PARQUET GROVE might now be worth an estimated £385,541.

This is based on house price inflation of 4.2%, between May 2023 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 4.2% inflationary increase is applied to the most recent sale price for 40 PARQUET GROVE of £370,000 on 2nd May 2023. For the value to have increased from £370,000 to £385,541 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 40 PARQUET GROVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2023 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PARQUET GROVE has not materially changed since May 2023.

How Large is 40 PARQUET GROVE?

40 PARQUET GROVE is 114m² according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswinford, and where 40 PARQUET GROVE lies on this distribution: 63% of detached houses houses are smaller than 40 PARQUET GROVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

40 PARQUET GROVE: Plot and Title Map

40 PARQUET GROVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 40 PARQUET 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 40 PARQUET 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 40 PARQUET GROVE?

40 PARQUET GROVE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 40 on PARQUET GROVE.