14, FAIRWAYS CLOSE, STOURBRIDGE, DY8 2RW - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 FAIRWAYS CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2016, which was around 24% above the average March 2016 detached price in the Dudley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

14 FAIRWAYS CLOSE Sold Prices

Land registry data shows two sales for 14 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 14 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
2016 24 MAR	£265,000	£214,025	24% above HPI
2012 8 NOV	£208,000	£193,996	7% above HPI

14 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 14 FAIRWAYS CLOSE sales from November 2012 and March 2016 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 November 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2016 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 14 FAIRWAYS CLOSE be worth now?

14 FAIRWAYS CLOSE might now be worth an estimated £429,308.

This is based on house price inflation of 62%, between March 2016 and December 2024, 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 62% inflationary increase is applied to the most recent sale price for 14 FAIRWAYS CLOSE of £265,000 on 24th March 2016. For the value to have increased from £265,000 to £429,308 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 14 FAIRWAYS CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The March 2016 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FAIRWAYS CLOSE has not materially changed since March 2016.

How Large is 14 FAIRWAYS CLOSE?

14 FAIRWAYS CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in February 2015. 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 14 FAIRWAYS CLOSE lies on this distribution: 50% of detached houses houses are smaller than 14 FAIRWAYS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

14 FAIRWAYS CLOSE: Plot and Title Map

14 FAIRWAYS CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 14 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 14 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 14 FAIRWAYS CLOSE?

14 FAIRWAYS CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 14 on FAIRWAYS CLOSE.