EIGHTLANDS, WESTERN ROAD, HAGLEY, STOURBRIDGE, DY9 0HZ - £1,000,000

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

EIGHTLANDS is a very large extended detached house of 293m², built sometime between 1996 and 2002. It was last sold for £1,000,000 in March 2023, which was around 92% above the average March 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

EIGHTLANDS Sold Prices

Land registry data shows two sales for EIGHTLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two EIGHTLANDS 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
2023 31 MAR	£1,000,000	£520,234	92% above HPI
2005 20 DEC	£560,000	£290,166	93% above HPI

EIGHTLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two EIGHTLANDS sales from December 2005 and March 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 December 2005 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the March 2023 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is EIGHTLANDS?

EIGHTLANDS is 293m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where EIGHTLANDS lies on this distribution: 97% of detached houses are smaller than EIGHTLANDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Hagley.

EIGHTLANDS: Plot and Title Map

EIGHTLANDS sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of EIGHTLANDS, 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 EIGHTLANDS). 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 EIGHTLANDS?

EIGHTLANDS is located on WESTERN ROAD in HAGLEY, in the DY9 postcode district. The below map shows the position of EIGHTLANDS on WESTERN ROAD.