OAK TREE BUNGALOW, JAMES STREET, KINVER, STOURBRIDGE, DY7 6ED - £350,000

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

OAK TREE BUNGALOW is a very small detached house of 70m². It was last sold for £350,000 in June 2020, which was around 2% above the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

OAK TREE BUNGALOW Sold Prices

Land registry data shows two sales for OAK TREE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two OAK TREE BUNGALOW sales was for above the average price, whilst the other was 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 26 JUN	£350,000	£342,566	2% above HPI
2018 28 FEB	£135,000	£320,441	58% below HPI

OAK TREE BUNGALOW 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 two OAK TREE BUNGALOW sales from February 2018 and June 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 February 2018 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is OAK TREE BUNGALOW?

OAK TREE BUNGALOW is 70m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where OAK TREE BUNGALOW lies on this distribution: 8% of detached houses are smaller than OAK TREE BUNGALOW, and 90% of houses are larger. Note that EPC data is not available for all properties in Kinver.

OAK TREE BUNGALOW: Plot and Title Map

OAK TREE BUNGALOW sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of OAK TREE BUNGALOW, 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 OAK TREE BUNGALOW). 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 OAK TREE BUNGALOW?

OAK TREE BUNGALOW is located on JAMES STREET in KINVER, in the DY7 postcode district. The below map shows the position of OAK TREE BUNGALOW on JAMES STREET.