16, GREENBANK GARDENS, WORDSLEY, STOURBRIDGE, DY8 5TB - £225,000

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.

16 GREENBANK GARDENS is a large detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £325,315. It was last sold for £225,000 in April 2017, which was around 4% below the average April 2017 detached price in the Dudley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

16 GREENBANK GARDENS Sold Prices

Land registry data shows two sales for 16 GREENBANK GARDENS 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. One of the two 16 GREENBANK GARDENS sales was for below the average price, whilst the other was 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
2017 13 APR	£225,000	£233,988	4% below HPI
1999 17 DEC	£128,000	£91,838	39% above HPI

16 GREENBANK GARDENS 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 16 GREENBANK GARDENS sales from December 1999 and April 2017 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 1999 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 GREENBANK GARDENS be worth now?

16 GREENBANK GARDENS might now be worth an estimated £325,315.

This is based on house price inflation of 44.6%, between April 2017 and June 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 16 GREENBANK GARDENS of £225,000 on 13th April 2017. For the value to have increased from £225,000 to £325,315 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of 16 GREENBANK GARDENS has moved in line with the HPI for detached houses in the Dudley local authority area.
• The April 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREENBANK GARDENS has not materially changed since April 2017.

How Large is 16 GREENBANK GARDENS?

16 GREENBANK GARDENS is 129m² according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswinford, and where 16 GREENBANK GARDENS lies on this distribution: 79% of detached houses houses are smaller than 16 GREENBANK GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

16 GREENBANK GARDENS: Plot and Title Map

16 GREENBANK GARDENS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 16 GREENBANK GARDENS, 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 16 GREENBANK GARDENS). 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 16 GREENBANK GARDENS?

16 GREENBANK GARDENS is located in WORDSLEY, in the DY8 postcode district. The below map shows the position of No. 16 on GREENBANK GARDENS.