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
14 STRAITS ROAD is a very small extended detached house of 81m², built sometime before 1900. It was last sold for £197,000 in July 2021, which was around 36% below the average July 2021 detached price in the Dudley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 14 STRAITS ROAD since 1st 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 14 STRAITS 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 |
---|---|---|---|
2021 16 JUL | £197,000 | £306,162 | 36% below HPI |
2015 5 JUN | £145,000 | £215,577 | 33% below HPI |
2000 31 MAR | £84,950 | £95,455 | 11% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 14 STRAITS ROAD sales between March 2000 and July 2021 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
14 STRAITS ROAD is 81m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 14 STRAITS ROAD lies on this distribution: 18% of detached houses are smaller than 14 STRAITS ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
14 STRAITS ROAD sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 14 STRAITS 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 STRAITS 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.
14 STRAITS ROAD is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 14 on STRAITS ROAD.