10, FAIRWAYS CLOSE, STOURBRIDGE, DY8 2RW - £330,000

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.

10 FAIRWAYS CLOSE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £430,898. It was last sold for £330,000 in June 2020, which was around 24% above the average June 2020 detached price in the Dudley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

10 FAIRWAYS CLOSE Sold Prices

Land registry data shows two sales for 10 FAIRWAYS 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 10 FAIRWAYS 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
2020 26 JUN	£330,000	£266,865	24% above HPI
2018 18 MAY	£295,000	£246,479	20% above HPI

10 FAIRWAYS 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 10 FAIRWAYS CLOSE sales from May 2018 and June 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 May 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 10 FAIRWAYS CLOSE be worth now?

10 FAIRWAYS CLOSE might now be worth an estimated £430,898.

This is based on house price inflation of 30.6%, between June 2020 and February 2025, 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 30.6% inflationary increase is applied to the most recent sale price for 10 FAIRWAYS CLOSE of £330,000 on 26th June 2020. For the value to have increased from £330,000 to £430,898 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 10 FAIRWAYS CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FAIRWAYS CLOSE has not materially changed since June 2020.

How Large is 10 FAIRWAYS CLOSE?

10 FAIRWAYS CLOSE is 117m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 10 FAIRWAYS CLOSE lies on this distribution: 52% of detached houses houses are smaller than 10 FAIRWAYS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

10 FAIRWAYS CLOSE: Plot and Title Map

10 FAIRWAYS CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 10 FAIRWAYS 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 10 FAIRWAYS 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 10 FAIRWAYS CLOSE?

10 FAIRWAYS CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 10 on FAIRWAYS CLOSE.