1, OVERMAN CLOSE, STOURBRIDGE, DY9 7ED - £227,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OVERMAN CLOSE is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £227,000 in December 2021, which was around 29% below the average December 2021 detached price in the Dudley local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

1 OVERMAN CLOSE Sold Prices

Land registry data shows four sales for 1 OVERMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 1 OVERMAN 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
2021 8 DEC	£227,000	£319,246	29% below HPI
2016 4 JUL	£170,000	£232,340	27% below HPI
2013 9 AUG	£150,000	£201,364	26% below HPI
2007 27 FEB	£170,000	£205,139	17% below HPI

1 OVERMAN 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 four 1 OVERMAN CLOSE sales between February 2007 and December 2021 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 OVERMAN CLOSE?

1 OVERMAN CLOSE is 79m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 OVERMAN CLOSE lies on this distribution: 11% of detached houses are smaller than 1 OVERMAN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 OVERMAN CLOSE: Plot and Title Map

1 OVERMAN CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 1 OVERMAN 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 OVERMAN 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 OVERMAN CLOSE?

1 OVERMAN CLOSE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 1 on OVERMAN CLOSE.