15, DREW ROAD, STOURBRIDGE, DY9 0UY - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 DREW ROAD is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £340,000 in February 2019, which was around 29% above the average February 2019 detached price in the Dudley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

15 DREW ROAD Sold Prices

Land registry data shows three sales for 15 DREW ROAD since 1^st 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 15 DREW ROAD 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 22 FEB	£340,000	£263,314	29% above HPI
2011 4 NOV	£280,000	£196,523	42% above HPI
2002 31 MAY	£166,500	£127,764	30% above HPI

15 DREW ROAD 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 three 15 DREW ROAD sales between May 2002 and February 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 November 2011 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 15 DREW ROAD?

15 DREW ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 15 DREW ROAD lies on this distribution: 39% of detached houses are smaller than 15 DREW ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

15 DREW ROAD: Plot and Title Map

15 DREW ROAD sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 15 DREW ROAD, 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 DREW ROAD). 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 DREW ROAD?

15 DREW ROAD is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 15 on DREW ROAD.