6, CHESTNUT GROVE, KINVER, STOURBRIDGE, DY7 6DQ - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 CHESTNUT GROVE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £440,000 in March 2022, which was around 12% above the average March 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

6 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 6 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 6 CHESTNUT 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
2022 21 MAR	£440,000	£391,140	12% above HPI
2022 28 FEB	£395,500	£388,999	2% above HPI
1997 27 JUN	£115,000	£97,294	18% above HPI

6 CHESTNUT GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 6 CHESTNUT GROVE sales between June 1997 and March 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 February 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 6 CHESTNUT GROVE?

6 CHESTNUT GROVE is 91m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 6 CHESTNUT GROVE lies on this distribution: 23% of detached houses are smaller than 6 CHESTNUT GROVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Kinver.

6 CHESTNUT GROVE: Plot and Title Map

6 CHESTNUT GROVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 6 CHESTNUT 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 6 CHESTNUT 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 6 CHESTNUT GROVE?

6 CHESTNUT GROVE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 6 on CHESTNUT GROVE.