1, LAKER CLOSE, STOURBRIDGE, DY8 4PX - £164,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LAKER CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £164,500 in November 2015, which was around 24% below the average November 2015 detached price in the Dudley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

1 LAKER CLOSE Sold Prices

Land registry data shows two sales for 1 LAKER 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 LAKER 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
2015 5 NOV	£164,500	£215,556	24% below HPI
2007 15 JUN	£185,000	£207,622	11% below HPI

1 LAKER 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 LAKER CLOSE sales from June 2007 and November 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 LAKER CLOSE be worth now?

1 LAKER CLOSE might now be worth an estimated £264,602.

This is based on house price inflation of 60.9%, between November 2015 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 1 LAKER CLOSE of £164,500 on 5th November 2015. For the value to have increased from £164,500 to £264,602 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 LAKER CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2015 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LAKER CLOSE has not materially changed since November 2015.

How Large is 1 LAKER CLOSE?

1 LAKER CLOSE is 70m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 1 LAKER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 LAKER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 LAKER CLOSE: Plot and Title Map

1 LAKER CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 1 LAKER 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 LAKER 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 LAKER CLOSE?

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