3, CHESTNUT GROVE, KINVER, STOURBRIDGE, DY7 6DQ - £215,000

3 CHESTNUT GROVE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £215,000 in October 2013, which was around 14% below the average October 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

3 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 3 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Two of the three 3 CHESTNUT GROVE sales were for below the average price, whilst one 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
2013 4 OCT	£215,000	£250,647	14% below HPI
1998 20 FEB	£70,000	£99,372	30% below HPI
1997 2 MAY	£114,750	£97,472	18% above HPI

3 CHESTNUT GROVE 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 three 3 CHESTNUT GROVE sales between May 1997 and October 2013 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 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 CHESTNUT GROVE?

3 CHESTNUT GROVE is 83m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 3 CHESTNUT GROVE lies on this distribution: 18% of detached houses are smaller than 3 CHESTNUT GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Kinver.

3 CHESTNUT GROVE: Plot and Title Map

3 CHESTNUT GROVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 CHESTNUT GROVE, 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 3 CHESTNUT GROVE). 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 3 CHESTNUT GROVE?

3 CHESTNUT GROVE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 3 on CHESTNUT GROVE.