14, LYDIATES CLOSE, DUDLEY, DY3 3ND - £240,000

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 LYDIATES CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £313,526. It was last sold for £240,000 in August 2019, which was around 10% below the average August 2019 detached price in the Dudley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

14 LYDIATES CLOSE Sold Prices

Land registry data shows two sales for 14 LYDIATES CLOSE 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 LYDIATES CLOSE 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
2019 9 AUG	£240,000	£266,741	10% below HPI
2011 10 JUN	£66,500	£190,616	65% below HPI

14 LYDIATES CLOSE 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 LYDIATES CLOSE sales from June 2011 and August 2019 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 June 2011 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the August 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 LYDIATES CLOSE be worth now?

14 LYDIATES CLOSE might now be worth an estimated £313,526.

This is based on house price inflation of 30.6%, between August 2019 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 30.6% inflationary increase is applied to the most recent sale price for 14 LYDIATES CLOSE of £240,000 on 9th August 2019. For the value to have increased from £240,000 to £313,526 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 14 LYDIATES CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The August 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LYDIATES CLOSE has not materially changed since August 2019.

How Large is 14 LYDIATES CLOSE?

14 LYDIATES CLOSE is 56m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 LYDIATES CLOSE lies on this distribution: 1% of detached houses houses are smaller than 14 LYDIATES CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

14 LYDIATES CLOSE: Plot and Title Map

14 LYDIATES CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 14 LYDIATES CLOSE, 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 LYDIATES CLOSE). 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 LYDIATES CLOSE?

14 LYDIATES CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 14 on LYDIATES CLOSE.