7, STANMORE GROVE, HALESOWEN, B62 0HG - £250,000

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.

7 STANMORE GROVE is a very small extended terraced house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £320,882. It was last sold for £250,000 in May 2020, which was around 49% above the average May 2020 terraced price in the Birmingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

7 STANMORE GROVE Sold Prices

Land registry data shows three sales for 7 STANMORE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the three 7 STANMORE GROVE sales were 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
2020 28 MAY	£250,000	£167,560	49% above HPI
2006 25 AUG	£182,500	£123,303	48% above HPI
2005 29 JUL	£184,500	£117,302	57% above HPI

7 STANMORE GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The three 7 STANMORE GROVE sales between July 2005 and May 2020 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 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 STANMORE GROVE be worth now?

7 STANMORE GROVE might now be worth an estimated £320,882.

This is based on house price inflation of 28.4%, between May 2020 and June 2025, for terraced houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for 7 STANMORE GROVE of £250,000 on 28th May 2020. For the value to have increased from £250,000 to £320,882 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 STANMORE GROVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The May 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STANMORE GROVE has not materially changed since May 2020.

How Large is 7 STANMORE GROVE?

7 STANMORE GROVE is 83m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 7 STANMORE GROVE lies on this distribution: 14% of terraced houses houses are smaller than 7 STANMORE GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 STANMORE GROVE: Plot and Title Map

7 STANMORE GROVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 7 STANMORE 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 7 STANMORE 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 7 STANMORE GROVE?

7 STANMORE GROVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 7 on STANMORE GROVE.