5, LAVENDER LANE, STOURBRIDGE, DY8 3EL - £187,000

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 LAVENDER LANE is a midsized extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £187,000 in April 2015, which was around 11% below the average April 2015 detached price in the Dudley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

5 LAVENDER LANE Sold Prices

Land registry data shows two sales for 5 LAVENDER 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 5 LAVENDER LANE 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
2015 30 APR	£187,000	£209,985	11% below HPI
2006 8 SEP	£173,000	£206,363	16% below HPI

5 LAVENDER 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 5 LAVENDER LANE sales from September 2006 and April 2015 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 September 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 LAVENDER LANE?

5 LAVENDER LANE is 120m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% 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 LAVENDER LANE lies on this distribution: 54% of detached houses are smaller than 5 LAVENDER LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

5 LAVENDER LANE: Plot and Title Map

5 LAVENDER LANE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 5 LAVENDER 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 5 LAVENDER 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 5 LAVENDER LANE?

5 LAVENDER LANE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 5 on LAVENDER LANE.