18, MEON RISE, STOURBRIDGE, DY9 0YD - £495,000

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

18 MEON RISE is a large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £495,000 in February 2022, which was around 55% above the average February 2022 detached price in the Dudley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

18 MEON RISE Sold Prices

Land registry data shows three sales for 18 MEON RISE 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 18 MEON RISE 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
2022 18 FEB	£495,000	£318,560	55% above HPI
2016 21 DEC	£360,000	£236,866	52% above HPI
2009 22 DEC	£285,000	£202,137	41% above HPI

18 MEON RISE 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 18 MEON RISE sales between December 2009 and February 2022 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 2016 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 18 MEON RISE?

18 MEON RISE is 157m², which includes two extensions, according to the EPC inspection conducted in August 2016. 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 18 MEON RISE lies on this distribution: 79% of detached houses are smaller than 18 MEON RISE, and 21% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

18 MEON RISE: Plot and Title Map

18 MEON RISE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 18 MEON RISE, 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 18 MEON RISE). 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 18 MEON RISE?

18 MEON RISE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 18 on MEON RISE.