8, THE PADDOCK, STOURBRIDGE, DY9 0RE - £440,000

8 THE PADDOCK is a very large extended detached house of 186m², built sometime between 1983 and 1990. It was last sold for £440,000 in June 2019, which was around 66% above the average June 2019 detached price in the Dudley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

8 THE PADDOCK Sold Prices

Land registry data shows four sales for 8 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 8 THE PADDOCK 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 21 JUN	£440,000	£265,759	66% above HPI
2008 26 MAR	£345,000	£213,752	61% above HPI
2006 31 AUG	£320,000	£204,675	56% above HPI
2002 20 SEP	£229,500	£141,294	62% above HPI

8 THE PADDOCK 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 four 8 THE PADDOCK sales between September 2002 and June 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 2008 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 8 THE PADDOCK?

8 THE PADDOCK is 186m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 8 THE PADDOCK lies on this distribution: 88% of detached houses are smaller than 8 THE PADDOCK, and 11% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

8 THE PADDOCK: Plot and Title Map

8 THE PADDOCK sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 8 THE PADDOCK, 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 8 THE PADDOCK). 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 8 THE PADDOCK?

8 THE PADDOCK is located in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of No. 8 on THE PADDOCK.