7, FOREST DRIVE, KINVER, STOURBRIDGE, DY7 6DX - £675,000

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

7 FOREST DRIVE is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £675,000 in May 2022, which was around 69% above the average May 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

7 FOREST DRIVE Sold Prices

Land registry data shows four sales for 7 FOREST DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 7 FOREST DRIVE 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 24 MAY	£675,000	£399,993	69% above HPI
2016 5 MAY	£430,000	£276,601	55% above HPI
2014 12 DEC	£400,000	£268,307	49% above HPI
2007 3 APR	£315,000	£261,945	20% above HPI

7 FOREST DRIVE 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 four 7 FOREST DRIVE sales between April 2007 and May 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 May 2016 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 7 FOREST DRIVE?

7 FOREST DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 7 FOREST DRIVE lies on this distribution: 67% of detached houses are smaller than 7 FOREST DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Kinver.

7 FOREST DRIVE: Plot and Title Map

7 FOREST DRIVE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 FOREST 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 7 FOREST 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 7 FOREST DRIVE?

7 FOREST DRIVE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 7 on FOREST DRIVE.