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
8 BANK STREET is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £115,000 in April 2009, which was around 39% below the average April 2009 detached price in the Dudley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 BANK STREET since 1st 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 8 BANK STREET 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 |
---|---|---|---|
2009 3 APR | £115,000 | £188,616 | 39% below HPI |
2007 31 JUL | £108,000 | £212,715 | 49% below HPI |
2001 23 NOV | £69,950 | £117,084 | 40% below HPI |
1997 25 JUL | £52,000 | £81,800 | 36% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The four 8 BANK STREET sales between July 1997 and April 2009 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 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2009 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
8 BANK STREET is 69m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 8 BANK STREET lies on this distribution: 6% of detached houses are smaller than 8 BANK STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.
8 BANK STREET sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 BANK STREET, 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 8 BANK STREET). 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.
8 BANK STREET is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 8 on BANK STREET.