NEW HOUSE, BECKMAN ROAD, STOURBRIDGE, DY9 0UA - £480,000

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

NEW HOUSE is a small detached house of 108m², built sometime between 1976 and 1982. It was last sold for £480,000 in June 2024, which was around 36% above the average June 2024 detached price in the Dudley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

NEW HOUSE Sold Prices

Land registry data shows three sales for NEW HOUSE 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 NEW HOUSE 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
2024 7 JUN	£480,000	£352,707	36% above HPI
2016 29 FEB	£280,000	£222,100	26% above HPI
2004 12 MAR	£268,000	£173,459	55% above HPI

NEW HOUSE 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 NEW HOUSE sales between March 2004 and June 2024 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 February 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 108m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 NEW HOUSE lies on this distribution: 39% of detached houses are smaller than NEW HOUSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on BECKMAN ROAD in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of NEW HOUSE on BECKMAN ROAD.