8, CHELSEA WAY, KINGSWINFORD, DY6 9EG - £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

8 CHELSEA WAY is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £275,000 in September 2022, which was around 21% below the average September 2022 detached price in the Dudley local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

8 CHELSEA WAY Sold Prices

Land registry data shows two sales for 8 CHELSEA WAY 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 8 CHELSEA WAY 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 9 SEP	£275,000	£349,040	21% below HPI
2021 9 SEP	£270,000	£312,176	14% below HPI

8 CHELSEA WAY 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 8 CHELSEA WAY sales from September 2021 and September 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 September 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 CHELSEA WAY?

8 CHELSEA WAY is 102m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 8 CHELSEA WAY lies on this distribution: 48% of detached houses are smaller than 8 CHELSEA WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

8 CHELSEA WAY: Plot and Title Map

8 CHELSEA WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 8 CHELSEA WAY, 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 8 CHELSEA WAY). 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 8 CHELSEA WAY?

8 CHELSEA WAY is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 8 on CHELSEA WAY.