FAIRWAYS, HUNTERS RIDE, STOURBRIDGE, DY7 5QN - £700,000

FAIRWAYS is a small extended detached house of 241m², built sometime between 1950 and 1966. It was last sold for £700,000 in July 2014, which was around 174% above the average July 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two FAIRWAYS 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
2014 29 JUL	£700,000	£255,327	174% above HPI
1997 19 SEP	£295,000	£97,297	203% above HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two FAIRWAYS sales from September 1997 and July 2014 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 September 1997 sale was for 203% above the HPI. So the extrapolation line tracks at 203% above the HPI over time, until the July 2014 sale, where it falls to 174% above the HPI. The line then continues to track at 174% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 241m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Lawns Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Lawns Wood, and where FAIRWAYS lies on this distribution: 38% of detached houses are smaller than FAIRWAYS, and 59% of houses are larger. Note that EPC data is not available for all properties in Lawns Wood.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.414 of an acre, or 1,674m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on HUNTERS RIDE in STOURBRIDGE, in the DY7 postcode district. The below map shows the position of FAIRWAYS on HUNTERS RIDE.