14, BANK ROAD, GORNAL WOOD, DUDLEY, DY3 2NT - £169,000

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.

14 BANK ROAD is a small extended detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £243,604. It was last sold for £169,000 in August 2017, which was around 30% below the average August 2017 detached price in the Dudley local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

14 BANK ROAD Sold Prices

Land registry data shows two sales for 14 BANK ROAD 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 14 BANK ROAD 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
2017 7 AUG	£169,000	£241,743	30% below HPI
2003 1 AUG	£121,000	£162,434	26% below HPI

14 BANK ROAD 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 14 BANK ROAD sales from August 2003 and August 2017 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 August 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 14 BANK ROAD be worth now?

14 BANK ROAD might now be worth an estimated £243,604.

This is based on house price inflation of 44.1%, between August 2017 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 44.1% inflationary increase is applied to the most recent sale price for 14 BANK ROAD of £169,000 on 7th August 2017. For the value to have increased from £169,000 to £243,604 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 14 BANK ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2017 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BANK ROAD has not materially changed since August 2017.

How Large is 14 BANK ROAD?

14 BANK ROAD is 91m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 14 BANK ROAD lies on this distribution: 33% of detached houses houses are smaller than 14 BANK ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

14 BANK ROAD: Plot and Title Map

14 BANK ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 14 BANK ROAD, 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 14 BANK ROAD). 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 14 BANK ROAD?

14 BANK ROAD is located in GORNAL WOOD, in the DY3 postcode district. The below map shows the position of No. 14 on BANK ROAD.