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 LABURNUM STREET is a very small extended semi-detached house of 86m², built sometime before 1900. It was last sold for £180,000 in June 2016, which was around 22% below the average June 2016 detached price in the Dudley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 LABURNUM STREET since 1st 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 5 LABURNUM 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 |
---|---|---|---|
2016 30 JUN | £180,000 | £232,209 | 22% below HPI |
2005 16 DEC | £157,000 | £196,921 | 20% below HPI |
2001 9 NOV | £67,500 | £117,084 | 42% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 5 LABURNUM STREET sales between November 2001 and June 2016 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 December 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
5 LABURNUM STREET is 86m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 LABURNUM STREET lies on this distribution: 17% of detached houses are smaller than 5 LABURNUM STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.
5 LABURNUM STREET sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 LABURNUM 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 5 LABURNUM 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.
5 LABURNUM STREET is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 5 on LABURNUM STREET.