124, SUMMER LANE, DUDLEY, DY3 2EX - £247,000

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.

124 SUMMER LANE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £249,626. It was last sold for £247,000 in July 2024, which was around 28% below the average July 2024 detached price in the Dudley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

124 SUMMER LANE Sold Prices

Land registry data shows three sales for 124 SUMMER LANE 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. All of the three 124 SUMMER LANE 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
2024 3 JUL	£247,000	£344,793	28% below HPI
2016 18 JUL	£159,500	£226,733	30% below HPI
2002 12 JUN	£95,000	£128,636	26% below HPI

124 SUMMER LANE 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 124 SUMMER LANE sales between June 2002 and July 2024 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 July 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 124 SUMMER LANE be worth now?

124 SUMMER LANE might now be worth an estimated £249,626.

This is based on house price inflation of 1.1%, between July 2024 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 1.1% inflationary increase is applied to the most recent sale price for 124 SUMMER LANE of £247,000 on 3rd July 2024. For the value to have increased from £247,000 to £249,626 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 124 SUMMER LANE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2024 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 124 SUMMER LANE has not materially changed since July 2024.

How Large is 124 SUMMER LANE?

124 SUMMER LANE is 93m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% 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 124 SUMMER LANE lies on this distribution: 37% of detached houses houses are smaller than 124 SUMMER LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

124 SUMMER LANE: Plot and Title Map

124 SUMMER LANE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 124 SUMMER LANE, 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 SUMMER LANE). 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 SUMMER LANE?

124 SUMMER LANE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 124 on SUMMER LANE.