5, PERRINS LANE, STOURBRIDGE, DY9 8XR - £285,000

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 PERRINS LANE is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £285,000 in June 2023, which was around 17% below the average June 2023 detached price in the Dudley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

5 PERRINS LANE Sold Prices

Land registry data shows four sales for 5 PERRINS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 5 PERRINS 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
2023 2 JUN	£285,000	£342,867	17% below HPI
2015 28 AUG	£196,500	£220,329	11% below HPI
2001 2 MAR	£92,000	£106,801	14% below HPI
1999 31 MAR	£45,000	£87,748	49% below HPI

5 PERRINS 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 four 5 PERRINS LANE sales between March 1999 and June 2023 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 August 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 PERRINS LANE?

5 PERRINS LANE is 109m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 PERRINS LANE lies on this distribution: 40% of detached houses are smaller than 5 PERRINS LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

5 PERRINS LANE: Plot and Title Map

5 PERRINS LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 PERRINS 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 PERRINS 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 PERRINS LANE?

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