GREENWAYS, REDLAKE ROAD, STOURBRIDGE, DY9 0RY - £377,500

GREENWAYS is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £377,500 in September 2014, which was around 81% above the average September 2014 detached price in the Dudley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS 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 GREENWAYS 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 SEP	£377,500	£208,546	81% above HPI
1997 20 JAN	£120,000	£77,812	54% above HPI

GREENWAYS 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 GREENWAYS sales from January 1997 and September 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 January 1997 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2014 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is GREENWAYS?

GREENWAYS is 130m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where GREENWAYS lies on this distribution: 64% of detached houses are smaller than GREENWAYS, and 35% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on REDLAKE ROAD in STOURBRIDGE, in the DY9 postcode district. The below map shows the position of GREENWAYS on REDLAKE ROAD.