3, PARKFIELD ROAD, STOURBRIDGE, DY8 1HD - £151,500

3 PARKFIELD ROAD is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £151,500 in September 2017, which was around 39% below the average September 2017 detached price in the Dudley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

3 PARKFIELD ROAD Sold Prices

Land registry data shows three sales for 3 PARKFIELD ROAD 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 3 PARKFIELD ROAD 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
2017 7 SEP	£151,500	£248,171	39% below HPI
2007 1 JUN	£165,000	£212,757	22% below HPI
2004 17 FEB	£120,000	£172,316	30% below HPI

3 PARKFIELD ROAD 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 3 PARKFIELD ROAD sales between February 2004 and September 2017 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 June 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 PARKFIELD ROAD?

3 PARKFIELD ROAD is 60m² according to the EPC inspection conducted in April 2017. 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 3 PARKFIELD ROAD lies on this distribution: 2% of detached houses are smaller than 3 PARKFIELD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

3 PARKFIELD ROAD: Plot and Title Map

3 PARKFIELD ROAD sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 3 PARKFIELD ROAD, 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 3 PARKFIELD ROAD). 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 3 PARKFIELD ROAD?

3 PARKFIELD ROAD is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 3 on PARKFIELD ROAD.