Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
157 OLD PARK ROAD is a very small extended detached house of 47m², built sometime between 1930 and 1949. It was last sold for £62,000 in April 2001, which was around 43% below the average April 2001 detached price in the Dudley local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 157 OLD PARK ROAD 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 157 OLD PARK 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 |
---|---|---|---|
2001 6 APR | £62,000 | £108,792 | 43% below HPI |
1997 9 SEP | £40,000 | £83,434 | 52% 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 157 OLD PARK ROAD sales from September 1997 and April 2001 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 September 1997 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2001 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
157 OLD PARK ROAD is 47m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Coseley, based on EPC data. The below chart shows the distribution of detached houses by size in Coseley, and where 157 OLD PARK ROAD lies on this distribution: 1% of detached houses are smaller than 157 OLD PARK ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Coseley.
157 OLD PARK ROAD sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 157 OLD PARK 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 157 OLD PARK 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.
157 OLD PARK ROAD is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 157 on OLD PARK ROAD.