OVERDALE, RACECOURSE LANE, STOURBRIDGE, DY8 2RL - £400,000

OVERDALE is a small detached house of 97m², built sometime between 1930 and 1949. It was last sold for £400,000 in November 2022, which was around 12% above the average November 2022 detached price in the Dudley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

OVERDALE Sold Prices

Land registry data shows four sales for OVERDALE 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 OVERDALE 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
2022 4 NOV	£400,000	£357,443	12% above HPI
2003 31 JAN	£187,000	£149,760	25% above HPI
1996 11 OCT	£100,000	£77,798	29% above HPI
1995 21 APR	£85,000	£76,422	11% above HPI

OVERDALE 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 OVERDALE sales between April 1995 and November 2022 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is OVERDALE?

OVERDALE is 97m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where OVERDALE lies on this distribution: 28% of detached houses are smaller than OVERDALE, and 71% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

OVERDALE: Plot and Title Map

OVERDALE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of OVERDALE, 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 OVERDALE). 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 OVERDALE?

OVERDALE is located on RACECOURSE LANE in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of OVERDALE on RACECOURSE LANE.