10, LOWESWATER DRIVE, LOWER GORNAL, DUDLEY, DY3 2RG - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 LOWESWATER DRIVE is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £358,426. It was last sold for £235,000 in August 2016, which was around 3% above the average August 2016 detached price in the Dudley local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

10 LOWESWATER DRIVE Sold Prices

Land registry data shows three sales for 10 LOWESWATER DRIVE 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 10 LOWESWATER DRIVE 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
2016 26 AUG	£235,000	£228,465	3% above HPI
2009 8 OCT	£182,500	£196,293	7% below HPI
2001 22 MAR	£115,500	£104,223	11% above HPI

10 LOWESWATER DRIVE 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 10 LOWESWATER DRIVE sales between March 2001 and August 2016 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 October 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 10 LOWESWATER DRIVE be worth now?

10 LOWESWATER DRIVE might now be worth an estimated £358,426.

This is based on house price inflation of 52.5%, between August 2016 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.5% inflationary increase is applied to the most recent sale price for 10 LOWESWATER DRIVE of £235,000 on 26th August 2016. For the value to have increased from £235,000 to £358,426 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 10 LOWESWATER DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LOWESWATER DRIVE has not materially changed since August 2016.

How Large is 10 LOWESWATER DRIVE?

10 LOWESWATER DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 10 LOWESWATER DRIVE lies on this distribution: 53% of detached houses houses are smaller than 10 LOWESWATER DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

10 LOWESWATER DRIVE: Plot and Title Map

10 LOWESWATER DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 10 LOWESWATER DRIVE, 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 10 LOWESWATER DRIVE). 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 10 LOWESWATER DRIVE?

10 LOWESWATER DRIVE is located in LOWER GORNAL, in the DY3 postcode district. The below map shows the position of No. 10 on LOWESWATER DRIVE.