TRESCO, PARKFIELD ROAD, STOURBRIDGE, DY8 1HD - £213,000

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

TRESCO is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £213,000 in July 2021, which was around 29% below the average July 2021 detached price in the Dudley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

TRESCO Sold Prices

Land registry data shows two sales for TRESCO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two TRESCO sales 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
2021 9 JUL	£213,000	£298,774	29% below HPI
1999 5 NOV	£60,000	£91,023	34% below HPI

TRESCO 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 two TRESCO sales from November 1999 and July 2021 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might TRESCO be worth now?

TRESCO might now be worth an estimated £247,186.

This is based on house price inflation of 16%, between July 2021 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 16% inflationary increase is applied to the most recent sale price for TRESCO of £213,000 on 9th July 2021. For the value to have increased from £213,000 to £247,186 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of TRESCO has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2021 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of TRESCO has not materially changed since July 2021.

How Large is TRESCO?

TRESCO is 59m² according to the EPC inspection conducted in January 2020. 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 TRESCO lies on this distribution: 2% of detached houses houses are smaller than TRESCO, and 98% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

TRESCO: Plot and Title Map

TRESCO sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of TRESCO, 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 TRESCO). 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 TRESCO?

TRESCO is located on PARKFIELD ROAD in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of TRESCO on PARKFIELD ROAD.