1, HERMIT STREET, DUDLEY, DY3 2BS - £353,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HERMIT STREET is a very large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £353,000 in September 2022, which was around 1% above the average September 2022 detached price in the Dudley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

1 HERMIT STREET Sold Prices

Land registry data shows three sales for 1 HERMIT STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Two of the three 1 HERMIT STREET sales were for above the average price, whilst one was 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
2022 23 SEP	£353,000	£349,040	1% above HPI
2022 1 JUN	£290,000	£333,215	13% below HPI
2021 30 JUN	£395,000	£303,141	30% above HPI

1 HERMIT STREET 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 three 1 HERMIT STREET sales between June 2021 and September 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 June 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 HERMIT STREET?

1 HERMIT STREET is 135m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 1 HERMIT STREET lies on this distribution: 82% of detached houses are smaller than 1 HERMIT STREET, and 17% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

1 HERMIT STREET: Plot and Title Map

1 HERMIT STREET sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 HERMIT STREET, 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 1 HERMIT STREET). 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 1 HERMIT STREET?

1 HERMIT STREET is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 1 on HERMIT STREET.