7, BURNS CLOSE, STOURBRIDGE, DY8 4NF - £145,000

7 BURNS CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £145,000 in August 2013, which was around 28% below the average August 2013 detached price in the Dudley local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

7 BURNS CLOSE Sold Prices

Land registry data shows three sales for 7 BURNS CLOSE 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 7 BURNS CLOSE 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
2013 30 AUG	£145,000	£201,364	28% below HPI
2007 22 AUG	£141,000	£215,370	35% below HPI
2007 7 JUN	£115,000	£212,757	46% below HPI

7 BURNS CLOSE 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 7 BURNS CLOSE sales between June 2007 and August 2013 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 August 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 BURNS CLOSE?

7 BURNS CLOSE is 66m² according to the EPC inspection conducted in June 2015. 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 7 BURNS CLOSE lies on this distribution: 4% of detached houses are smaller than 7 BURNS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

7 BURNS CLOSE: Plot and Title Map

7 BURNS CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 BURNS CLOSE, 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 7 BURNS CLOSE). 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 7 BURNS CLOSE?

7 BURNS CLOSE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 7 on BURNS CLOSE.