1A, SUMMIT PLACE, DUDLEY, DY3 2TQ - £285,000

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

1A SUMMIT PLACE is a midsized detached house of 96m², built sometime between 1967 and 1975. It was last sold for £285,000 in August 2021, which was around 8% below the average August 2021 detached price in the Dudley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

1A SUMMIT PLACE Sold Prices

Land registry data shows two sales for 1A SUMMIT PLACE 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. Both of the two 1A 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
2021 24 AUG	£285,000	£310,136	8% below HPI
2004 26 MAR	£167,000	£173,459	4% below HPI

1A 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 two 1A SUMMIT PLACE sales from March 2004 and August 2021 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 March 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1A SUMMIT PLACE?

1A SUMMIT PLACE is 96m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 1A SUMMIT PLACE lies on this distribution: 41% of detached houses are smaller than 1A SUMMIT PLACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

1A SUMMIT PLACE: Plot and Title Map

1A SUMMIT PLACE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 1A 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 1A 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 1A SUMMIT PLACE?

1A SUMMIT PLACE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 1A on SUMMIT PLACE.