THE PARKLANDS, 7A, PARKFIELD ROAD, STOURBRIDGE, DY8 1HD - £247,000

THE PARKLANDS is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £247,000 in November 2019, which was around 10% below the average November 2019 detached price in the Dudley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

THE PARKLANDS Sold Prices

Land registry data shows two sales for THE PARKLANDS 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 PARKLANDS sales were for below 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 25 NOV	£247,000	£274,820	10% below HPI
1996 19 JAN	£59,950	£74,611	20% below HPI

THE PARKLANDS 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 PARKLANDS sales from January 1996 and November 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 January 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE PARKLANDS?

THE PARKLANDS is 103m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 PARKLANDS lies on this distribution: 34% of detached houses are smaller than THE PARKLANDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

THE PARKLANDS: Plot and Title Map

THE PARKLANDS sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of THE PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

THE PARKLANDS is located on PARKFIELD ROAD in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of THE PARKLANDS on PARKFIELD ROAD.