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
125 WORCESTER LANE is a very large detached house of 187m², built sometime between 1950 and 1966. It was last sold for £675,000 in September 2019, which was around 146% above the average September 2019 detached price in the Dudley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 125 WORCESTER LANE since 1st 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 125 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 |
---|---|---|---|
2019 27 SEP | £675,000 | £274,419 | 146% above HPI |
2018 18 JAN | £485,000 | £249,412 | 94% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 125 WORCESTER LANE sales from January 2018 and September 2019 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 January 2018 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the September 2019 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.
125 WORCESTER LANE is 187m² according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 125 WORCESTER LANE lies on this distribution: 89% of detached houses are smaller than 125 WORCESTER LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.
125 WORCESTER LANE sits on a plot of roughly 0.439 of an acre, or 1,776m². The below map shows the location of 125 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 125 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.
125 WORCESTER LANE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 125 on WORCESTER LANE.