THE FIRS, 24A, CHERRY STREET, STOURBRIDGE, DY8 3YQ - £189,950

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 FIRS is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £189,950 in June 2004, which was around 6% above the average June 2004 detached price in the Dudley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

THE FIRS Sold Prices

Land registry data shows four sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Most of the four THE FIRS 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
2004 24 JUN	£189,950	£178,861	6% above HPI
2001 17 OCT	£127,500	£115,740	10% above HPI
1997 17 OCT	£85,000	£82,823	3% above HPI
1995 14 JUL	£34,000	£76,980	56% below HPI

THE FIRS 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 four THE FIRS sales between July 1995 and June 2004 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 October 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2004 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE FIRS?

THE FIRS is 65m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% 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 FIRS lies on this distribution: 3% of detached houses are smaller than THE FIRS, and 97% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on CHERRY STREET in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of THE FIRS on CHERRY STREET.