31, MERE ROAD, STOURBRIDGE, DY8 3AY - £320,000

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

31 MERE ROAD is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £320,000 in January 2018, which was around 31% above the average January 2018 detached price in the Dudley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

31 MERE ROAD Sold Prices

Land registry data shows four sales for 31 MERE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Most of the four 31 MERE ROAD 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
2018 12 JAN	£320,000	£243,393	31% above HPI
2003 14 NOV	£249,999	£167,059	50% above HPI
2002 4 APR	£55,000	£120,460	54% below HPI
1996 11 APR	£107,000	£74,212	44% above HPI

31 MERE 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 four 31 MERE ROAD sales between April 1996 and January 2018 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 November 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 31 MERE ROAD be worth now?

31 MERE ROAD might now be worth an estimated £455,858.

This is based on house price inflation of 42.5%, between January 2018 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 42.5% inflationary increase is applied to the most recent sale price for 31 MERE ROAD of £320,000 on 12th January 2018. For the value to have increased from £320,000 to £455,858 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 31 MERE ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MERE ROAD has not materially changed since January 2018.

How Large is 31 MERE ROAD?

31 MERE ROAD is 114m² according to the EPC inspection conducted in October 2017. 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 31 MERE ROAD lies on this distribution: 47% of detached houses houses are smaller than 31 MERE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

31 MERE ROAD: Plot and Title Map

31 MERE ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 31 MERE 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 31 MERE 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 31 MERE ROAD?

31 MERE ROAD is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 31 on MERE ROAD.