17, SUMMIT PLACE, DUDLEY, DY3 2TQ - £240,000

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

17 SUMMIT PLACE is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £240,000 in December 2018, which was around 9% below the average December 2018 detached price in the Dudley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

17 SUMMIT PLACE Sold Prices

Land registry data shows three sales for 17 SUMMIT PLACE since 1^st 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 17 SUMMIT PLACE 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
2018 13 DEC	£240,000	£262,840	9% below HPI
2009 7 AUG	£185,000	£195,862	6% below HPI
2008 20 MAR	£165,000	£213,752	23% below HPI

17 SUMMIT PLACE 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 three 17 SUMMIT PLACE sales between March 2008 and December 2018 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 August 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 17 SUMMIT PLACE?

17 SUMMIT PLACE is 72m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 17 SUMMIT PLACE lies on this distribution: 8% of detached houses are smaller than 17 SUMMIT PLACE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

17 SUMMIT PLACE: Plot and Title Map

17 SUMMIT PLACE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 17 SUMMIT PLACE, 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 17 SUMMIT PLACE). 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 17 SUMMIT PLACE?

17 SUMMIT PLACE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 17 on SUMMIT PLACE.