17, WRIGHT STREET, HALESOWEN, B63 3LB - £165,000

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.

17 WRIGHT STREET is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £273,487. It was last sold for £165,000 in November 2015, which was around 23% below the average November 2015 detached price in the Dudley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

17 WRIGHT STREET Sold Prices

Land registry data shows two sales for 17 WRIGHT STREET 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 17 WRIGHT STREET 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
2015 6 NOV	£165,000	£215,556	23% below HPI
2012 24 AUG	£132,500	£194,182	32% below HPI

17 WRIGHT STREET 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 17 WRIGHT STREET sales from August 2012 and November 2015 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 August 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 17 WRIGHT STREET be worth now?

17 WRIGHT STREET might now be worth an estimated £273,487.

This is based on house price inflation of 65.7%, between November 2015 and May 2026, 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 65.7% inflationary increase is applied to the most recent sale price for 17 WRIGHT STREET of £165,000 on 6th November 2015. For the value to have increased from £165,000 to £273,487 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 17 WRIGHT STREET has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WRIGHT STREET has not materially changed since November 2015.

How Large is 17 WRIGHT STREET?

17 WRIGHT STREET is 75m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 17 WRIGHT STREET lies on this distribution: 15% of detached houses houses are smaller than 17 WRIGHT STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

17 WRIGHT STREET: Plot and Title Map

17 WRIGHT STREET sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 17 WRIGHT STREET, 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 17 WRIGHT STREET). 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 17 WRIGHT STREET?

17 WRIGHT STREET is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 17 on WRIGHT STREET.