56, CHAPEL STREET, WORDSLEY, STOURBRIDGE, DY8 5QP - £230,000

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

56 CHAPEL STREET is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £230,000 in January 2018, which was around 8% below the average January 2018 detached price in the Dudley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

56 CHAPEL STREET Sold Prices

Land registry data shows three sales for 56 CHAPEL STREET 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 56 CHAPEL STREET 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
2018 19 JAN	£230,000	£249,412	8% below HPI
2017 31 MAR	£179,500	£239,689	25% below HPI
2002 30 AUG	£95,000	£137,621	31% below HPI

56 CHAPEL STREET 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 56 CHAPEL STREET sales between August 2002 and January 2018 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 56 CHAPEL STREET?

56 CHAPEL STREET is 76m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 56 CHAPEL STREET lies on this distribution: 16% of detached houses are smaller than 56 CHAPEL STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

56 CHAPEL STREET: Plot and Title Map

56 CHAPEL STREET sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 56 CHAPEL 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 56 CHAPEL 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 56 CHAPEL STREET?

56 CHAPEL STREET is located in WORDSLEY, in the DY8 postcode district. The below map shows the position of No. 56 on CHAPEL STREET.