5, PARISH GARDENS, STOURBRIDGE, DY9 0DS - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARISH GARDENS is a large extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £508,227. It was last sold for £405,000 in August 2020, which was around 46% above the average August 2020 detached price in the Dudley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

5 PARISH GARDENS Sold Prices

Land registry data shows six sales for 5 PARISH GARDENS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the six 5 PARISH GARDENS 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
2020 3 AUG	£405,000	£277,683	46% above HPI
2018 31 MAY	£362,500	£246,479	47% above HPI
2013 6 DEC	£280,000	£197,836	42% above HPI
2004 17 SEP	£260,000	£186,918	39% above HPI
2002 1 JUL	£219,500	£131,203	67% above HPI
1996 29 MAR	£129,000	£73,594	75% above HPI

5 PARISH GARDENS 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 six 5 PARISH GARDENS sales between March 1996 and August 2020 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 May 2018 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 5 PARISH GARDENS be worth now?

5 PARISH GARDENS might now be worth an estimated £508,227.

This is based on house price inflation of 25.5%, between August 2020 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for 5 PARISH GARDENS of £405,000 on 3rd August 2020. For the value to have increased from £405,000 to £508,227 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 5 PARISH GARDENS has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARISH GARDENS has not materially changed since August 2020.

How Large is 5 PARISH GARDENS?

5 PARISH GARDENS is 127m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 5 PARISH GARDENS lies on this distribution: 61% of detached houses houses are smaller than 5 PARISH GARDENS, and 37% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

5 PARISH GARDENS: Plot and Title Map

5 PARISH GARDENS sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 5 PARISH GARDENS, 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 PARISH GARDENS). 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 PARISH GARDENS?

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