1B, LOVE LANE, STOURBRIDGE, DY8 2DA - £425,000

1B LOVE LANE is a large detached house of 158m², built sometime from 2007 onwards. It was last sold for £425,000 in May 2019, which was around 61% above the average May 2019 detached price in the Dudley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.

1B LOVE LANE Sold Prices

Land registry data shows two sales for 1B LOVE LANE 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 1B LOVE LANE 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
2019 8 MAY	£425,000	£263,977	61% above HPI
2009 30 MAR	£320,000	£191,399	67% above HPI

1B LOVE LANE 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 1B LOVE LANE sales from March 2009 and May 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 March 2009 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2019 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 1B LOVE LANE?

1B LOVE LANE is 158m² according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 1B LOVE LANE lies on this distribution: 79% of detached houses are smaller than 1B LOVE LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

1B LOVE LANE: Plot and Title Map

1B LOVE LANE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 1B LOVE LANE, 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 1B LOVE LANE). 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 1B LOVE LANE?

1B LOVE LANE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 1B on LOVE LANE.