2, MARSTON CLOSE, STOURBRIDGE, DY8 3JT - £230,000

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

2 MARSTON CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2021, which was around 26% below the average September 2021 detached price in the Dudley local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

2 MARSTON CLOSE Sold Prices

Land registry data shows two sales for 2 MARSTON 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 2 MARSTON CLOSE sales were 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
2021 28 SEP	£230,000	£312,176	26% below HPI
1999 26 NOV	£72,500	£93,274	22% below HPI

2 MARSTON 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 MARSTON CLOSE sales from November 1999 and September 2021 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MARSTON CLOSE?

2 MARSTON CLOSE is 70m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 2 MARSTON CLOSE lies on this distribution: 6% of detached houses are smaller than 2 MARSTON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2 MARSTON CLOSE: Plot and Title Map

2 MARSTON CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 MARSTON 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 MARSTON 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 MARSTON CLOSE?

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