124, NEW STREET, QUARRY BANK, BRIERLEY HILL, DY5 2BB - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

124 NEW STREET is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £250,000 in January 2019, which was around 5% below the average January 2019 detached price in the Dudley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

124 NEW STREET Sold Prices

Land registry data shows two sales for 124 NEW STREET 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 124 NEW STREET 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 18 JAN	£250,000	£262,836	5% below HPI
2016 30 MAR	£184,500	£219,318	16% below HPI

124 NEW 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 two 124 NEW STREET sales from March 2016 and January 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 March 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 124 NEW STREET?

124 NEW STREET is 119m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% 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 124 NEW STREET lies on this distribution: 79% of detached houses are smaller than 124 NEW STREET, and 20% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

124 NEW STREET: Plot and Title Map

124 NEW STREET sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 124 NEW 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 124 NEW 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 124 NEW STREET?

124 NEW STREET is located in QUARRY BANK, in the DY5 postcode district. The below map shows the position of No. 124 on NEW STREET.