THE CROFT, RACECOURSE LANE, STOURBRIDGE, DY8 2RD - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE CROFT is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £550,000 in March 2020, which was around 110% above the average March 2020 detached price in the Dudley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows three sales for THE CROFT 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 THE CROFT 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 30 MAR	£550,000	£262,057	110% above HPI
2013 5 DEC	£395,000	£197,836	100% above HPI
2002 28 JUN	£345,000	£128,636	168% above HPI

THE CROFT 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 THE CROFT sales between June 2002 and March 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 December 2013 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the March 2020 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £727,704.

This is based on house price inflation of 32.3%, between March 2020 and December 2024, 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 32.3% inflationary increase is applied to the most recent sale price for THE CROFT of £550,000 on 30th March 2020. For the value to have increased from £550,000 to £727,704 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the Dudley local authority area.
• The March 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since March 2020.

How Large is THE CROFT?

THE CROFT is 173m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 THE CROFT lies on this distribution: 85% of detached houses houses are smaller than THE CROFT, and 15% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.305 of an acre, or 1,235m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

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