8, NORTON CLOSE, STOURBRIDGE, DY8 3DF - £610,000

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.

8 NORTON CLOSE is a very large detached house of 190m², which could now be worth an estimated £800,331. It was last sold for £610,000 in January 2020, which was around 130% above the average January 2020 detached price in the Dudley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

8 NORTON CLOSE Sold Prices

Land registry data shows two sales for 8 NORTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 8 NORTON CLOSE 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 31 JAN	£610,000	£265,590	130% above HPI
2016 14 OCT	£552,000	£229,487	141% above HPI

8 NORTON CLOSE 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 two 8 NORTON CLOSE sales from October 2016 and January 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 October 2016 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the January 2020 sale, where it falls to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might 8 NORTON CLOSE be worth now?

8 NORTON CLOSE might now be worth an estimated £800,331.

This is based on house price inflation of 31.2%, between January 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 31.2% inflationary increase is applied to the most recent sale price for 8 NORTON CLOSE of £610,000 on 31st January 2020. For the value to have increased from £610,000 to £800,331 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 NORTON CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTON CLOSE has not materially changed since January 2020.

How Large is 8 NORTON CLOSE?

8 NORTON CLOSE is 190m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 8 NORTON CLOSE lies on this distribution: 89% of detached houses houses are smaller than 8 NORTON CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

8 NORTON CLOSE: Plot and Title Map

8 NORTON CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 8 NORTON CLOSE, 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 NORTON CLOSE). 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 8 NORTON CLOSE?

8 NORTON CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 8 on NORTON CLOSE.