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
15 BALVENIE WAY is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2019, which was around 12% below the average August 2019 detached price in the Dudley local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 BALVENIE WAY 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. One of the three 15 BALVENIE WAY sales was for below the average price, whilst two were for above 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 30 AUG | £240,000 | £273,337 | 12% below HPI |
2006 10 APR | £213,000 | £198,671 | 7% above HPI |
1999 26 MAR | £96,950 | £87,748 | 10% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 15 BALVENIE WAY sales between March 1999 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 April 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
15 BALVENIE WAY is 123m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 15 BALVENIE WAY lies on this distribution: 74% of detached houses are smaller than 15 BALVENIE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
15 BALVENIE WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 15 BALVENIE WAY, 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 15 BALVENIE WAY). 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.
15 BALVENIE WAY is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 15 on BALVENIE WAY.