THE PATCH, SOUTH AVENUE, STOURBRIDGE, DY8 3XY - £270,000

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 PATCH is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £270,000 in August 2019, which was around 1% above the average August 2019 detached price in the Dudley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

THE PATCH Sold Prices

Land registry data shows three sales for THE PATCH 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. One of the three THE PATCH sales was for above the average price, whilst two were for below 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
2019 9 AUG	£270,000	£266,741	1% above HPI
2010 5 NOV	£133,000	£200,728	34% below HPI
1996 22 OCT	£60,000	£75,920	21% below HPI

THE PATCH 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 PATCH sales between October 1996 and August 2019 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 November 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might THE PATCH be worth now?

THE PATCH might now be worth an estimated £350,963.

This is based on house price inflation of 30%, between August 2019 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 30% inflationary increase is applied to the most recent sale price for THE PATCH of £270,000 on 9th August 2019. For the value to have increased from £270,000 to £350,963 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of THE PATCH has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of THE PATCH has not materially changed since August 2019.

How Large is THE PATCH?

THE PATCH is 68m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 PATCH lies on this distribution: 5% of detached houses houses are smaller than THE PATCH, and 95% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

THE PATCH: Plot and Title Map

THE PATCH sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of THE PATCH, 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 PATCH). 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 PATCH?

THE PATCH is located on SOUTH AVENUE in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of THE PATCH on SOUTH AVENUE.