CONIFERS, RACECOURSE LANE, STOURBRIDGE, DY8 2RL - £250,000

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

CONIFERS is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £250,000 in December 2013, which was around 23% above the average December 2013 detached price in the Dudley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

CONIFERS Sold Prices

Land registry data shows three sales for CONIFERS 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 CONIFERS 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
2013 12 DEC	£250,000	£202,729	23% above HPI
1996 27 SEP	£83,000	£76,903	8% above HPI
1995 25 AUG	£85,500	£76,491	12% above HPI

CONIFERS 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 CONIFERS sales between August 1995 and December 2013 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 September 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is CONIFERS?

CONIFERS is 130m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where CONIFERS lies on this distribution: 64% of detached houses are smaller than CONIFERS, and 36% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

CONIFERS: Plot and Title Map

CONIFERS sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of CONIFERS, 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 CONIFERS). 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 CONIFERS?

CONIFERS is located on RACECOURSE LANE in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of CONIFERS on RACECOURSE LANE.