2A, PALFREY ROAD, STOURBRIDGE, DY8 3RB - £130,000

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

2A PALFREY ROAD is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £130,000 in July 2002, which was around 3% below the average July 2002 detached price in the Dudley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2A PALFREY ROAD Sold Prices

Land registry data shows three sales for 2A PALFREY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 2A PALFREY ROAD 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
2002 26 JUL	£130,000	£134,447	3% below HPI
1997 4 APR	£71,000	£78,917	10% below HPI
1996 23 FEB	£64,500	£74,920	14% below HPI

2A PALFREY ROAD 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 three 2A PALFREY ROAD sales between February 1996 and July 2002 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2002 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2A PALFREY ROAD?

2A PALFREY ROAD is 83m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 2A PALFREY ROAD lies on this distribution: 14% of detached houses are smaller than 2A PALFREY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2A PALFREY ROAD: Plot and Title Map

2A PALFREY ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2A PALFREY ROAD, 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 2A PALFREY ROAD). 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 2A PALFREY ROAD?

2A PALFREY ROAD is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 2A on PALFREY ROAD.