16, SOVEREIGN DRIVE, DUDLEY, DY1 2UE - £34,000

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

16 SOVEREIGN DRIVE is a very large detached house of 183m², built sometime between 1991 and 1995. It was last sold for £34,000 in May 2001, which was around 69% below the average May 2001 detached price in the Dudley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

16 SOVEREIGN DRIVE Sold Prices

Land registry data shows two sales for 16 SOVEREIGN DRIVE 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. One of the two 16 SOVEREIGN DRIVE sales was for below the average price, whilst the other was 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
2001 31 MAY	£34,000	£110,488	69% below HPI
1996 19 FEB	£83,000	£74,920	11% above HPI

16 SOVEREIGN DRIVE 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 16 SOVEREIGN DRIVE sales from February 1996 and May 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 February 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2001 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is 16 SOVEREIGN DRIVE?

16 SOVEREIGN DRIVE is 183m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 16 SOVEREIGN DRIVE lies on this distribution: 96% of detached houses are smaller than 16 SOVEREIGN DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Dudley.

16 SOVEREIGN DRIVE: Plot and Title Map

16 SOVEREIGN DRIVE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 16 SOVEREIGN DRIVE, 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 16 SOVEREIGN DRIVE). 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 16 SOVEREIGN DRIVE?

16 SOVEREIGN DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 16 on SOVEREIGN DRIVE.