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
7 RAVENSCROFT is a midsized detached house of 117m², built sometime between 2003 and 2006. It was last sold for £450,000 in August 2017, which was around 82% above the average August 2017 detached price in the Dudley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 RAVENSCROFT 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 7 RAVENSCROFT 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 |
---|---|---|---|
2017 23 AUG | £450,000 | £247,722 | 82% above HPI |
2005 15 JUL | £325,000 | £196,191 | 66% above HPI |
2003 24 JUN | £475,000 | £163,585 | 190% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 7 RAVENSCROFT sales between June 2003 and August 2017 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 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2017 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.
7 RAVENSCROFT is 117m² according to the EPC inspection conducted in March 2017. 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 7 RAVENSCROFT lies on this distribution: 51% of detached houses are smaller than 7 RAVENSCROFT, and 48% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.
7 RAVENSCROFT sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 7 RAVENSCROFT, 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 7 RAVENSCROFT). 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.
7 RAVENSCROFT is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 7 on RAVENSCROFT.