7A, MARGARET DRIVE, STOURBRIDGE, DY8 1NE - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7A MARGARET DRIVE is a very small detached house of 82m². It was last sold for £320,000 in August 2021, which was around 3% above the average August 2021 detached price in the Dudley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

7A MARGARET DRIVE Sold Prices

Land registry data shows three sales for 7A MARGARET DRIVE since 1^st 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 7A MARGARET DRIVE 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
2021 17 AUG	£320,000	£310,136	3% above HPI
2018 24 AUG	£292,000	£262,380	11% above HPI
2013 17 OCT	£265,000	£200,317	32% above HPI

7A MARGARET DRIVE 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 three 7A MARGARET DRIVE sales between October 2013 and August 2021 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 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7A MARGARET DRIVE?

7A MARGARET DRIVE is 82m² according to the EPC inspection conducted in October 2013. 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 7A MARGARET DRIVE lies on this distribution: 13% of detached houses are smaller than 7A MARGARET DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

7A MARGARET DRIVE: Plot and Title Map

7A MARGARET DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7A MARGARET DRIVE, 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 7A MARGARET DRIVE). 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 7A MARGARET DRIVE?

7A MARGARET DRIVE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 7A on MARGARET DRIVE.