THE CHASE, RACECOURSE LANE, STOURBRIDGE, DY8 2RL - £245,000

THE CHASE is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2011, which was around 20% above the average January 2011 detached price in the Dudley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was B.

THE CHASE Sold Prices

Land registry data shows two sales for THE CHASE 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 THE CHASE 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
2011 7 JAN	£245,000	£203,931	20% above HPI
1996 27 NOV	£100,000	£78,056	28% above HPI

THE CHASE 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 THE CHASE sales from November 1996 and January 2011 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 November 1996 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2011 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE CHASE?

THE CHASE is 127m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 THE CHASE lies on this distribution: 62% of detached houses are smaller than THE CHASE, and 37% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

THE CHASE: Plot and Title Map

THE CHASE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of THE CHASE, 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 THE CHASE). 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 THE CHASE?

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