1, THE PARKLANDS, STOURBRIDGE, DY9 7JT - £616,000

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 THE PARKLANDS is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £616,000 in December 2021, which was around 98% above the average December 2021 detached price in the Dudley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

1 THE PARKLANDS Sold Prices

Land registry data shows three sales for 1 THE PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 1 THE PARKLANDS 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
2021 3 DEC	£616,000	£311,542	98% above HPI
2004 6 AUG	£340,000	£182,471	86% above HPI
2002 11 DEC	£215,000	£144,610	49% above HPI

1 THE PARKLANDS 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 three 1 THE PARKLANDS sales between December 2002 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 August 2004 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the December 2021 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 1 THE PARKLANDS be worth now?

1 THE PARKLANDS might now be worth an estimated £685,570.

This is based on house price inflation of 11.3%, between December 2021 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 11.3% inflationary increase is applied to the most recent sale price for 1 THE PARKLANDS of £616,000 on 3rd December 2021. For the value to have increased from £616,000 to £685,570 over the three years to December 2024, the following assumptions must hold true:

• The value of 1 THE PARKLANDS has moved in line with the HPI for detached houses in the Dudley local authority area.
• The December 2021 sale price of £616,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PARKLANDS has not materially changed since December 2021.

How Large is 1 THE PARKLANDS?

1 THE PARKLANDS is 240m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 THE PARKLANDS lies on this distribution: 96% of detached houses houses are smaller than 1 THE PARKLANDS, and 4% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1 THE PARKLANDS: Plot and Title Map

1 THE PARKLANDS sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 1 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

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