2B, PARK ROAD, STOURBRIDGE, DY8 3RS - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2B PARK ROAD is a very small extended detached house of 82m², built sometime from 2007 onwards. It was last sold for £235,000 in October 2013, which was around 20% above the average October 2013 detached price in the Dudley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2B PARK ROAD Sold Prices

Land registry data shows three sales for 2B PARK 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. One of the three 2B PARK ROAD sales was for above the average price, whilst two 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 25 OCT	£235,000	£195,483	20% above HPI
2005 9 SEP	£190,000	£194,234	2% below HPI
2002 19 APR	£112,000	£120,460	7% below HPI

2B PARK 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 2B PARK ROAD sales between April 2002 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 September 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2B PARK ROAD be worth now?

2B PARK ROAD might now be worth an estimated £416,818.

This is based on house price inflation of 77.4%, between October 2013 and December 2024, 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 77.4% inflationary increase is applied to the most recent sale price for 2B PARK ROAD of £235,000 on 25th October 2013. For the value to have increased from £235,000 to £416,818 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 2B PARK ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The October 2013 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2B PARK ROAD has not materially changed since October 2013.

How Large is 2B PARK ROAD?

2B PARK ROAD is 82m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% 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 2B PARK ROAD lies on this distribution: 13% of detached houses houses are smaller than 2B PARK ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

2B PARK ROAD: Plot and Title Map

2B PARK ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2B PARK 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 2B PARK 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 2B PARK ROAD?

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