2, SOMERSET DRIVE, STOURBRIDGE, DY8 4RH - £211,000

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 SOMERSET DRIVE is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £392,654. It was last sold for £211,000 in April 2013, which was around 13% above the average April 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 SOMERSET DRIVE Sold Prices

Land registry data shows two sales for 2 SOMERSET DRIVE 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 SOMERSET DRIVE 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
2013 19 APR	£211,000	£187,251	13% above HPI
2006 12 MAY	£190,000	£197,146	4% below HPI

2 SOMERSET DRIVE 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 SOMERSET DRIVE sales from May 2006 and April 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2013 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 SOMERSET DRIVE be worth now?

2 SOMERSET DRIVE might now be worth an estimated £392,654.

This is based on house price inflation of 86.1%, between April 2013 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 86.1% inflationary increase is applied to the most recent sale price for 2 SOMERSET DRIVE of £211,000 on 19th April 2013. For the value to have increased from £211,000 to £392,654 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 2 SOMERSET DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The April 2013 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOMERSET DRIVE has not materially changed since April 2013.

How Large is 2 SOMERSET DRIVE?

2 SOMERSET DRIVE is 100m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% 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 SOMERSET DRIVE lies on this distribution: 31% of detached houses houses are smaller than 2 SOMERSET DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2 SOMERSET DRIVE: Plot and Title Map

2 SOMERSET DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 2 SOMERSET DRIVE, 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 SOMERSET DRIVE). 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 SOMERSET DRIVE?

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