24, STONE LANE, KINVER, STOURBRIDGE, DY7 6DY - £262,000

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

24 STONE LANE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £262,000 in June 2019, which was around 18% below the average June 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

24 STONE LANE Sold Prices

Land registry data shows three sales for 24 STONE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Two of the three 24 STONE LANE sales were for below the average price, whilst one was 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
2019 11 JUN	£262,000	£319,731	18% below HPI
2019 26 APR	£260,000	£307,076	15% below HPI
2000 28 MAR	£142,500	£118,794	20% above HPI

24 STONE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 24 STONE LANE sales between March 2000 and June 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 April 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 24 STONE LANE?

24 STONE LANE is 116m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% of detached houses in Kinver, based on EPC data. The below chart shows the distribution of detached houses by size in Kinver, and where 24 STONE LANE lies on this distribution: 41% of detached houses are smaller than 24 STONE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Kinver.

24 STONE LANE: Plot and Title Map

24 STONE LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 24 STONE LANE, 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 24 STONE LANE). 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 24 STONE LANE?

24 STONE LANE is located in KINVER, in the DY7 postcode district. The below map shows the position of No. 24 on STONE LANE.