38, SPRING STREET, STOURBRIDGE, DY9 7EL - £220,000

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

38 SPRING STREET is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £220,000 in November 2022, which was around 38% below the average November 2022 detached price in the Dudley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

38 SPRING STREET Sold Prices

Land registry data shows two sales for 38 SPRING STREET 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 38 SPRING STREET 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
2022 4 NOV	£220,000	£352,248	38% below HPI
2016 29 JUL	£145,000	£232,340	38% below HPI

38 SPRING STREET 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 38 SPRING STREET sales from July 2016 and November 2022 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 July 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2022 sale, which was also at 38% below the HPI.

How Large is 38 SPRING STREET?

38 SPRING STREET is 74m² according to the EPC inspection conducted in June 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 38 SPRING STREET lies on this distribution: 8% of detached houses are smaller than 38 SPRING STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

38 SPRING STREET: Plot and Title Map

38 SPRING STREET sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 38 SPRING STREET, 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 38 SPRING STREET). 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 38 SPRING STREET?

38 SPRING STREET is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 38 on SPRING STREET.