3, THE SUMMIT, STOURBRIDGE, DY9 7HD - £166,000

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

3 THE SUMMIT is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £166,000 in March 2009, which was around 13% below the average March 2009 detached price in the Dudley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was D.

3 THE SUMMIT Sold Prices

Land registry data shows two sales for 3 THE SUMMIT 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 SUMMIT 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
2009 2 MAR	£166,000	£191,399	13% below HPI
1996 30 AUG	£68,000	£76,581	11% below HPI

3 THE SUMMIT 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 SUMMIT sales from August 1996 and March 2009 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 August 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2009 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 THE SUMMIT?

3 THE SUMMIT is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 SUMMIT lies on this distribution: 6% of detached houses are smaller than 3 THE SUMMIT, and 94% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

3 THE SUMMIT: Plot and Title Map

3 THE SUMMIT sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 THE SUMMIT, 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 SUMMIT). 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 SUMMIT?

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