8, THE SUMMIT, STOURBRIDGE, DY9 7HD - £305,000

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 THE SUMMIT is a small detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £313,840. It was last sold for £305,000 in July 2023, which was around 10% below the average July 2023 detached price in the Dudley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

8 THE SUMMIT Sold Prices

Land registry data shows two sales for 8 THE SUMMIT 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 THE SUMMIT 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 7 JUL	£305,000	£338,644	10% below HPI
2006 26 MAY	£168,000	£197,146	15% below HPI

8 THE SUMMIT 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 THE SUMMIT sales from May 2006 and July 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 May 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 THE SUMMIT be worth now?

8 THE SUMMIT might now be worth an estimated £313,840.

This is based on house price inflation of 2.9%, between July 2023 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 2.9% inflationary increase is applied to the most recent sale price for 8 THE SUMMIT of £305,000 on 7th July 2023. For the value to have increased from £305,000 to £313,840 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 8 THE SUMMIT has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE SUMMIT has not materially changed since July 2023.

How Large is 8 THE SUMMIT?

8 THE SUMMIT is 106m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 THE SUMMIT lies on this distribution: 37% of detached houses houses are smaller than 8 THE SUMMIT, and 62% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

8 THE SUMMIT: Plot and Title Map

8 THE SUMMIT sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 8 THE SUMMIT, 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 THE SUMMIT). 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 THE SUMMIT?

8 THE SUMMIT is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 8 on THE SUMMIT.