40, SPRING STREET, STOURBRIDGE, DY9 7EL - £195,000

40 SPRING STREET is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £195,000 in August 2016, which was around 17% below the average August 2016 detached price in the Dudley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

40 SPRING STREET Sold Prices

Land registry data shows two sales for 40 SPRING STREET 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 40 SPRING STREET 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
2016 8 AUG	£195,000	£234,115	17% below HPI
1998 30 MAR	£59,995	£82,508	27% below HPI

40 SPRING STREET 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 40 SPRING STREET sales from March 1998 and August 2016 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 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 40 SPRING STREET?

40 SPRING STREET is 82m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 40 SPRING STREET lies on this distribution: 14% of detached houses are smaller than 40 SPRING STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

40 SPRING STREET: Plot and Title Map

40 SPRING STREET sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 40 SPRING STREET, 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 40 SPRING STREET). 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 40 SPRING STREET?

40 SPRING STREET is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 40 on SPRING STREET.