38, WORCESTER LANE, STOURBRIDGE, DY8 2PE - £760,000

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 WORCESTER LANE is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £760,000 in September 2022, which was around 118% above the average September 2022 detached price in the Dudley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

38 WORCESTER LANE Sold Prices

Land registry data shows three sales for 38 WORCESTER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 38 WORCESTER LANE 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
2022 7 SEP	£760,000	£349,040	118% above HPI
2019 31 JUL	£655,000	£270,694	142% above HPI
1997 23 OCT	£150,000	£82,823	81% above HPI

38 WORCESTER LANE 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 three 38 WORCESTER LANE sales between October 1997 and September 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 2019 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the September 2022 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is 38 WORCESTER LANE?

38 WORCESTER LANE is 240m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 WORCESTER LANE lies on this distribution: 96% of detached houses are smaller than 38 WORCESTER LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

38 WORCESTER LANE: Plot and Title Map

38 WORCESTER LANE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 38 WORCESTER LANE, 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 WORCESTER LANE). 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 WORCESTER LANE?

38 WORCESTER LANE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 38 on WORCESTER LANE.