9, LABURNUM CLOSE, KINVER, STOURBRIDGE, DY7 6BJ - £289,950

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.

9 LABURNUM CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £357,037. It was last sold for £289,950 in November 2020, which was around 17% below the average November 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

9 LABURNUM CLOSE Sold Prices

Land registry data shows four sales for 9 LABURNUM CLOSE 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 9 LABURNUM CLOSE 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
2020 13 NOV	£289,950	£350,267	17% below HPI
2019 10 DEC	£210,000	£327,118	36% below HPI
2004 30 APR	£187,000	£212,848	12% below HPI
1995 24 MAR	£63,500	£87,565	27% below HPI

9 LABURNUM CLOSE 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 9 LABURNUM CLOSE sales between March 1995 and November 2020 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 December 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 9 LABURNUM CLOSE be worth now?

9 LABURNUM CLOSE might now be worth an estimated £357,037.

This is based on house price inflation of 23.1%, between November 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 9 LABURNUM CLOSE of £289,950 on 13th November 2020. For the value to have increased from £289,950 to £357,037 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 LABURNUM CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2020 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 9 LABURNUM CLOSE has not materially changed since November 2020.

How Large is 9 LABURNUM CLOSE?

9 LABURNUM CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kinver, and where 9 LABURNUM CLOSE lies on this distribution: 19% of detached houses houses are smaller than 9 LABURNUM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Kinver.

9 LABURNUM CLOSE: Plot and Title Map

9 LABURNUM CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 9 LABURNUM CLOSE, 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 9 LABURNUM CLOSE). 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 9 LABURNUM CLOSE?

9 LABURNUM CLOSE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 9 on LABURNUM CLOSE.