15, BANK FARM CLOSE, STOURBRIDGE, DY9 0TT - £250,000

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.

15 BANK FARM CLOSE is a very small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £353,166. It was last sold for £250,000 in December 2018, which was around 51% above the average December 2018 semi-detached price in the Dudley local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

15 BANK FARM CLOSE Sold Prices

Land registry data shows three sales for 15 BANK FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the three 15 BANK FARM 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
2018 17 DEC	£250,000	£166,034	51% above HPI
2018 5 OCT	£260,000	£166,514	56% above HPI
2009 15 OCT	£157,000	£127,294	23% above HPI

15 BANK FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 15 BANK FARM CLOSE sales between October 2009 and December 2018 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 October 2018 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2018 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 15 BANK FARM CLOSE be worth now?

15 BANK FARM CLOSE might now be worth an estimated £353,166.

This is based on house price inflation of 41.3%, between December 2018 and March 2025, for semi-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 41.3% inflationary increase is applied to the most recent sale price for 15 BANK FARM CLOSE of £250,000 on 17th December 2018. For the value to have increased from £250,000 to £353,166 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 15 BANK FARM CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The December 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BANK FARM CLOSE has not materially changed since December 2018.

How Large is 15 BANK FARM CLOSE?

15 BANK FARM CLOSE is 76m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stourbridge, and where 15 BANK FARM CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 15 BANK FARM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

15 BANK FARM CLOSE: Plot and Title Map

15 BANK FARM CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 15 BANK FARM 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 15 BANK FARM 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 15 BANK FARM CLOSE?

15 BANK FARM CLOSE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 15 on BANK FARM CLOSE.