7, MEDDINS CLOSE, KINVER, STOURBRIDGE, DY7 6DB - £229,500

7 MEDDINS CLOSE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £229,500 in December 2017, which was around 25% below the average December 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

7 MEDDINS CLOSE Sold Prices

Land registry data shows two sales for 7 MEDDINS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 7 MEDDINS CLOSE 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
2017 21 DEC	£229,500	£307,146	25% below HPI
2013 14 JAN	£180,000	£249,135	28% below HPI

7 MEDDINS CLOSE 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 two 7 MEDDINS CLOSE sales from January 2013 and December 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 January 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 MEDDINS CLOSE?

7 MEDDINS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 7 MEDDINS CLOSE lies on this distribution: 7% of detached houses are smaller than 7 MEDDINS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Kinver.

7 MEDDINS CLOSE: Plot and Title Map

7 MEDDINS CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 7 MEDDINS CLOSE, 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 7 MEDDINS CLOSE). 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 7 MEDDINS CLOSE?

7 MEDDINS CLOSE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 7 on MEDDINS CLOSE.