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

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

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 105% 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	£268,538	105% above HPI
2013 5 DEC	£395,000	£202,729	95% above HPI
2002 28 JUN	£345,000	£131,817	162% 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 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the March 2020 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

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 in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where THE CROFT lies on this distribution: 85% of detached 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.