18, PROSPECT ROAD, DUDLEY, DY3 2TJ - £370,000

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

18 PROSPECT ROAD is a very large detached house of 181m², built sometime between 1996 and 2002. It was last sold for £370,000 in January 2020, which was around 36% above the average January 2020 detached price in the Dudley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

18 PROSPECT ROAD Sold Prices

Land registry data shows four sales for 18 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 18 PROSPECT ROAD sales 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
2020 3 JAN	£370,000	£272,159	36% above HPI
2014 2 MAY	£282,500	£206,301	37% above HPI
2006 14 AUG	£315,000	£204,675	54% above HPI
1999 3 SEP	£127,000	£92,047	38% above HPI

18 PROSPECT ROAD 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 four 18 PROSPECT ROAD sales between September 1999 and January 2020 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 May 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 18 PROSPECT ROAD?

18 PROSPECT ROAD is 181m² according to the EPC inspection conducted in May 2019. This puts it in the largest 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 18 PROSPECT ROAD lies on this distribution: 96% of detached houses are smaller than 18 PROSPECT ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

18 PROSPECT ROAD: Plot and Title Map

18 PROSPECT ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 18 PROSPECT 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 18 PROSPECT 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.

Where is 18 PROSPECT ROAD?

18 PROSPECT ROAD is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 18 on PROSPECT ROAD.