3, BANK FARM CLOSE, STOURBRIDGE, DY9 0TT - £369,500

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

3 BANK FARM CLOSE is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £369,500 in September 2020, which was around 33% above the average September 2020 detached price in the Dudley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

3 BANK FARM CLOSE Sold Prices

Land registry data shows two sales for 3 BANK FARM 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 3 BANK FARM CLOSE sales were 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
2020 17 SEP	£369,500	£276,854	33% above HPI
2000 19 MAY	£122,500	£97,436	26% above HPI

3 BANK FARM 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 3 BANK FARM CLOSE sales from May 2000 and September 2020 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 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 BANK FARM CLOSE be worth now?

3 BANK FARM CLOSE might now be worth an estimated £462,755.

This is based on house price inflation of 25.2%, between September 2020 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 25.2% inflationary increase is applied to the most recent sale price for 3 BANK FARM CLOSE of £369,500 on 17th September 2020. For the value to have increased from £369,500 to £462,755 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 BANK FARM CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The September 2020 sale price of £369,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BANK FARM CLOSE has not materially changed since September 2020.

How Large is 3 BANK FARM CLOSE?

3 BANK FARM CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% 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 3 BANK FARM CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 BANK FARM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

3 BANK FARM CLOSE: Plot and Title Map

3 BANK FARM CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 BANK FARM 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 3 BANK FARM 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 3 BANK FARM CLOSE?

3 BANK FARM CLOSE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 3 on BANK FARM CLOSE.