2, DRAKES HILL CLOSE, STOURBRIDGE, DY8 3LE - £272,000

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.

2 DRAKES HILL CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £355,329. It was last sold for £272,000 in August 2019, which was around 2% above the average August 2019 detached price in the Dudley local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

2 DRAKES HILL CLOSE Sold Prices

Land registry data shows two sales for 2 DRAKES HILL 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. One of the two 2 DRAKES HILL CLOSE sales was for above the average price, whilst the other was for below 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 15 AUG	£272,000	£266,741	2% above HPI
2010 4 NOV	£182,680	£200,728	9% below HPI

2 DRAKES HILL 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 2 DRAKES HILL CLOSE sales from November 2010 and August 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 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 DRAKES HILL CLOSE be worth now?

2 DRAKES HILL CLOSE might now be worth an estimated £355,329.

This is based on house price inflation of 30.6%, between August 2019 and February 2025, 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 30.6% inflationary increase is applied to the most recent sale price for 2 DRAKES HILL CLOSE of £272,000 on 15th August 2019. For the value to have increased from £272,000 to £355,329 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 DRAKES HILL CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2019 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAKES HILL CLOSE has not materially changed since August 2019.

How Large is 2 DRAKES HILL CLOSE?

2 DRAKES HILL CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% 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 2 DRAKES HILL CLOSE lies on this distribution: 27% of detached houses houses are smaller than 2 DRAKES HILL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2 DRAKES HILL CLOSE: Plot and Title Map

2 DRAKES HILL CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 DRAKES HILL 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 2 DRAKES HILL 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 2 DRAKES HILL CLOSE?

2 DRAKES HILL CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 2 on DRAKES HILL CLOSE.