3, THE RISE, KINGSWINFORD, DY6 8LB - £315,000

3 THE RISE is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £315,000 in April 2019, which was around 20% above the average April 2019 detached price in the Dudley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

3 THE RISE Sold Prices

Land registry data shows three sales for 3 THE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Two of the three 3 THE RISE sales were for above the average price, whilst one 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
2019 2 APR	£315,000	£262,221	20% above HPI
2018 18 JUL	£305,000	£259,097	18% above HPI
2000 23 MAY	£55,000	£99,846	45% below HPI

3 THE RISE 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 three 3 THE RISE sales between May 2000 and April 2019 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 July 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 THE RISE?

3 THE RISE is 147m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 3 THE RISE lies on this distribution: 89% of detached houses are smaller than 3 THE RISE, and 11% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

3 THE RISE: Plot and Title Map

3 THE RISE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 3 THE RISE, 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 THE RISE). 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 THE RISE?

3 THE RISE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 3 on THE RISE.