1, ALDERLEA CLOSE, STOURBRIDGE, DY8 2LA - £437,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ALDERLEA CLOSE is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £437,500 in June 2015, which was around 103% above the average June 2015 detached price in the Dudley local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

1 ALDERLEA CLOSE Sold Prices

Land registry data shows two sales for 1 ALDERLEA 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 Dudley local authority area for the corresponding sale date. Both of the two 1 ALDERLEA CLOSE 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
2015 3 JUN	£437,500	£215,577	103% above HPI
2001 8 JUN	£175,000	£112,045	56% above HPI

1 ALDERLEA CLOSE 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 1 ALDERLEA CLOSE sales from June 2001 and June 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 June 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2015 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 1 ALDERLEA CLOSE?

1 ALDERLEA CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 1 ALDERLEA CLOSE lies on this distribution: 84% of detached houses are smaller than 1 ALDERLEA CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 ALDERLEA CLOSE: Plot and Title Map

1 ALDERLEA CLOSE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 1 ALDERLEA 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 1 ALDERLEA 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 1 ALDERLEA CLOSE?

1 ALDERLEA CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 1 on ALDERLEA CLOSE.