5, COCHRANE CLOSE, STOURBRIDGE, DY9 0ST - £525,000

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

5 COCHRANE CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £525,000 in January 2022, which was around 64% above the average January 2022 detached price in the Dudley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

5 COCHRANE CLOSE Sold Prices

Land registry data shows two sales for 5 COCHRANE CLOSE 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 5 COCHRANE CLOSE 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 5 JAN	£525,000	£319,587	64% above HPI
2006 21 JUL	£325,000	£202,940	60% above HPI

5 COCHRANE CLOSE 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 5 COCHRANE CLOSE sales from July 2006 and January 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 5 COCHRANE CLOSE?

5 COCHRANE CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 5 COCHRANE CLOSE lies on this distribution: 73% of detached houses are smaller than 5 COCHRANE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

5 COCHRANE CLOSE: Plot and Title Map

5 COCHRANE CLOSE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 5 COCHRANE CLOSE, 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 5 COCHRANE CLOSE). 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 5 COCHRANE CLOSE?

5 COCHRANE CLOSE is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 5 on COCHRANE CLOSE.