2, MERIDEN CLOSE, STOURBRIDGE, DY8 4QW - £192,500

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

2 MERIDEN CLOSE is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £192,500 in October 2013, which was around 4% below the average October 2013 detached price in the Dudley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 MERIDEN CLOSE Sold Prices

Land registry data shows two sales for 2 MERIDEN 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 MERIDEN 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
2013 10 OCT	£192,500	£200,317	4% below HPI
1995 11 MAY	£67,750	£76,176	11% below HPI

2 MERIDEN 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 MERIDEN CLOSE sales from May 1995 and October 2013 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 May 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 MERIDEN CLOSE?

2 MERIDEN CLOSE is 58m² according to the EPC inspection conducted in June 2012. 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 MERIDEN CLOSE lies on this distribution: 2% of detached houses are smaller than 2 MERIDEN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2 MERIDEN CLOSE: Plot and Title Map

2 MERIDEN CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 MERIDEN 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 MERIDEN 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 MERIDEN CLOSE?

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