12, THE SUMMIT, STOURBRIDGE, DY9 7HD - £149,950

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

12 THE SUMMIT is a small detached house of 108m², built sometime between 1950 and 1966. It was last sold for £149,950 in October 2002, which was around 5% above the average October 2002 detached price in the Dudley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 THE SUMMIT Sold Prices

Land registry data shows two sales for 12 THE SUMMIT 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. One of the two 12 THE SUMMIT sales was for above the average price, whilst the other was 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
2002 4 OCT	£149,950	£143,026	5% above HPI
1998 21 MAY	£82,500	£83,419	1% below HPI

12 THE SUMMIT 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 12 THE SUMMIT sales from May 1998 and October 2002 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2002 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 12 THE SUMMIT?

12 THE SUMMIT is 108m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 12 THE SUMMIT lies on this distribution: 39% of detached houses are smaller than 12 THE SUMMIT, and 60% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

12 THE SUMMIT: Plot and Title Map

12 THE SUMMIT sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 12 THE SUMMIT, 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 12 THE SUMMIT). 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 12 THE SUMMIT?

12 THE SUMMIT is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 12 on THE SUMMIT.