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 WORCESTER LANE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £350,000 in June 2013, which was around 76% above the average June 2013 detached price in the Dudley local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 12 WORCESTER LANE since 1st 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 12 WORCESTER LANE 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 |
---|---|---|---|
2013 21 JUN | £350,000 | £198,504 | 76% above HPI |
2008 8 DEC | £313,000 | £193,594 | 62% above HPI |
2001 14 DEC | £166,000 | £119,242 | 39% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 12 WORCESTER LANE sales between December 2001 and June 2013 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 December 2008 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2013 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.
12 WORCESTER LANE is 142m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% 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 WORCESTER LANE lies on this distribution: 71% of detached houses are smaller than 12 WORCESTER LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.
12 WORCESTER LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 12 WORCESTER LANE, 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 WORCESTER LANE). 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.
12 WORCESTER LANE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 12 on WORCESTER LANE.