RIBBESFORD, BROMLEY, BRIERLEY HILL, DY5 4PJ - £240,000

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

RIBBESFORD is a very small detached house of 76m², built sometime between 1930 and 1949. It was last sold for £240,000 in August 2022, which was around 31% below the average August 2022 detached price in the Dudley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

RIBBESFORD Sold Prices

Land registry data shows six sales for RIBBESFORD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the six RIBBESFORD 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 26 AUG	£240,000	£345,572	31% below HPI
2014 14 MAR	£134,950	£202,931	33% below HPI
2013 15 NOV	£140,000	£201,258	30% below HPI
2002 6 DEC	£90,000	£148,186	39% below HPI
2001 12 JAN	£66,000	£108,267	39% below HPI
1997 21 AUG	£51,000	£82,987	39% below HPI

RIBBESFORD 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 six RIBBESFORD sales between August 1997 and August 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 March 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is RIBBESFORD?

RIBBESFORD is 76m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where RIBBESFORD lies on this distribution: 16% of detached houses are smaller than RIBBESFORD, and 83% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

RIBBESFORD: Plot and Title Map

RIBBESFORD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of RIBBESFORD, 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 RIBBESFORD). 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 RIBBESFORD?

RIBBESFORD is located on BROMLEY in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of RIBBESFORD on BROMLEY.