12, PARK ROAD, QUARRY BANK, BRIERLEY HILL, DY5 2DA - £178,000

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

12 PARK ROAD is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £178,000 in June 2018, which was around 31% below the average June 2018 detached price in the Dudley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

12 PARK ROAD Sold Prices

Land registry data shows two sales for 12 PARK 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 12 PARK 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
2018 29 JUN	£178,000	£256,166	31% below HPI
2013 12 APR	£124,950	£191,882	35% below HPI

12 PARK 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 12 PARK ROAD sales from April 2013 and June 2018 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 April 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 PARK ROAD?

12 PARK ROAD is 84m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 12 PARK ROAD lies on this distribution: 32% of detached houses are smaller than 12 PARK ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

12 PARK ROAD is located in QUARRY BANK, in the DY5 postcode district. The below map shows the position of No. 12 on PARK ROAD.