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
125 SUMMER LANE is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £195,000 in November 2020, which was around 33% 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.
Land registry data shows two sales for 125 SUMMER LANE since 1st 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 | £289,420 | 33% below HPI |
2008 31 OCT | £148,500 | £202,691 | 27% below HPI |
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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
125 SUMMER LANE is 100m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 125 SUMMER LANE lies on this distribution: 46% of detached houses are smaller than 125 SUMMER LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
125 SUMMER LANE sits on a plot of roughly 0.052 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.
125 SUMMER LANE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 125 on SUMMER LANE.