47, PEDMORE LANE, STOURBRIDGE, DY9 0SY - £640,000

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

47 PEDMORE LANE is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £640,000 in December 2022, which was around 81% above the average December 2022 detached price in the Dudley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

47 PEDMORE LANE Sold Prices

Land registry data shows two sales for 47 PEDMORE LANE 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 47 PEDMORE 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 2 DEC	£640,000	£352,619	81% above HPI
2017 13 JUL	£333,000	£244,401	36% above HPI

47 PEDMORE 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 two 47 PEDMORE LANE sales from July 2017 and December 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2022 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 47 PEDMORE LANE?

47 PEDMORE LANE is 101m² according to the EPC inspection conducted in March 2017. 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 47 PEDMORE LANE lies on this distribution: 32% of detached houses are smaller than 47 PEDMORE LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

47 PEDMORE LANE: Plot and Title Map

47 PEDMORE LANE sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 47 PEDMORE 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 47 PEDMORE 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 47 PEDMORE LANE?

47 PEDMORE LANE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 47 on PEDMORE LANE.