10, LAKER CLOSE, STOURBRIDGE, DY8 4PX - £302,500

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 LAKER CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £314,893. It was last sold for £302,500 in May 2024, which was around 10% below the average May 2024 detached price in the Dudley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

10 LAKER CLOSE Sold Prices

Land registry data shows two sales for 10 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 10 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
2024 30 MAY	£302,500	£334,745	10% below HPI
2010 2 JUL	£175,000	£200,756	13% below HPI

10 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 10 LAKER CLOSE sales from July 2010 and May 2024 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 10 LAKER CLOSE be worth now?

10 LAKER CLOSE might now be worth an estimated £314,893.

This is based on house price inflation of 4.1%, between May 2024 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 4.1% inflationary increase is applied to the most recent sale price for 10 LAKER CLOSE of £302,500 on 30th May 2024. For the value to have increased from £302,500 to £314,893 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 10 LAKER CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2024 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 10 LAKER CLOSE has not materially changed since May 2024.

How Large is 10 LAKER CLOSE?

10 LAKER CLOSE is 68m² according to the EPC inspection conducted in June 2023. 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 10 LAKER CLOSE lies on this distribution: 5% of detached houses houses are smaller than 10 LAKER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

10 LAKER CLOSE: Plot and Title Map

10 LAKER CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 10 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 10 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 10 LAKER CLOSE?

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