1, STRAITS ROAD, DUDLEY, DY3 2UY - £158,000

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 STRAITS ROAD is a midsized extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £158,000 in August 2014, which was around 24% below the average August 2014 detached price in the Dudley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

1 STRAITS ROAD Sold Prices

Land registry data shows two sales for 1 STRAITS ROAD 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 1 STRAITS ROAD 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
2014 20 AUG	£158,000	£208,466	24% below HPI
2002 25 JAN	£109,950	£121,843	10% below HPI

1 STRAITS ROAD 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 1 STRAITS ROAD sales from January 2002 and August 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 STRAITS ROAD?

1 STRAITS ROAD is 98m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% 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 STRAITS ROAD lies on this distribution: 43% of detached houses are smaller than 1 STRAITS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

1 STRAITS ROAD: Plot and Title Map

1 STRAITS ROAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 STRAITS ROAD, 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 STRAITS ROAD). 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 STRAITS ROAD?

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