125, SUMMER LANE, DUDLEY, DY3 2EX - £195,000

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.

125 SUMMER LANE is a midsized detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £240,585. It was last sold for £195,000 in November 2020, which was around 31% below the average November 2020 detached price in the Dudley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

125 SUMMER LANE Sold Prices

Land registry data shows two sales for 125 SUMMER LANE 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 125 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
2020 16 NOV	£195,000	£282,435	31% below HPI
2008 31 OCT	£148,500	£197,800	25% below HPI

125 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 two 125 SUMMER LANE sales from October 2008 and November 2020 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 125 SUMMER LANE be worth now?

125 SUMMER LANE might now be worth an estimated £240,585.

This is based on house price inflation of 23.4%, between November 2020 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 23.4% inflationary increase is applied to the most recent sale price for 125 SUMMER LANE of £195,000 on 16th November 2020. For the value to have increased from £195,000 to £240,585 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 125 SUMMER LANE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 125 SUMMER LANE has not materially changed since November 2020.

How Large is 125 SUMMER LANE?

125 SUMMER LANE is 100m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 125 SUMMER LANE lies on this distribution: 45% of detached houses houses are smaller than 125 SUMMER LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

125 SUMMER LANE: Plot and Title Map

125 SUMMER LANE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 125 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 125 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 125 SUMMER LANE?

125 SUMMER LANE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 125 on SUMMER LANE.