124, RICHBOROUGH DRIVE, DUDLEY, DY1 3LS - £280,000

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 RICHBOROUGH DRIVE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £280,000 in November 2022, which was around 21% below the average November 2022 detached price in the Dudley local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

124 RICHBOROUGH DRIVE Sold Prices

Land registry data shows five sales for 124 RICHBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the five 124 RICHBOROUGH DRIVE 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
2022 29 NOV	£280,000	£352,248	21% below HPI
2013 3 MAY	£164,000	£195,571	16% below HPI
2007 5 APR	£179,950	£208,751	14% below HPI
2006 10 MAR	£172,500	£199,217	13% below HPI
1998 26 JUN	£74,500	£84,467	12% below HPI

124 RICHBOROUGH 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 five 124 RICHBOROUGH DRIVE sales between June 1998 and November 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 May 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 124 RICHBOROUGH DRIVE?

124 RICHBOROUGH DRIVE is 76m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 124 RICHBOROUGH DRIVE lies on this distribution: 13% of detached houses are smaller than 124 RICHBOROUGH DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

124 RICHBOROUGH DRIVE: Plot and Title Map

124 RICHBOROUGH DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 124 RICHBOROUGH 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 124 RICHBOROUGH 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 124 RICHBOROUGH DRIVE?

124 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 124 on RICHBOROUGH DRIVE.