3, THE PARKLANDS, STOURBRIDGE, DY9 7JT - £439,950

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

3 THE PARKLANDS is a small detached house of 105m², built sometime between 1950 and 1966. It was last sold for £439,950 in June 2020, which was around 61% above the average June 2020 detached price in the Dudley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

3 THE PARKLANDS Sold Prices

Land registry data shows two sales for 3 THE PARKLANDS 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 THE PARKLANDS 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 19 JUN	£439,950	£273,464	61% above HPI
1997 31 JAN	£120,500	£77,812	55% above HPI

3 THE PARKLANDS 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 THE PARKLANDS sales from January 1997 and June 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 January 1997 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 3 THE PARKLANDS?

3 THE PARKLANDS is 105m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 3 THE PARKLANDS lies on this distribution: 35% of detached houses are smaller than 3 THE PARKLANDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

3 THE PARKLANDS: Plot and Title Map

3 THE PARKLANDS sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 3 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

3 THE PARKLANDS is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 3 on THE PARKLANDS.