2, CHASE ROAD, DUDLEY, DY3 2RL - £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

2 CHASE ROAD is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2018, which was around 5% below the average February 2018 detached price in the Dudley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

2 CHASE ROAD Sold Prices

Land registry data shows three sales for 2 CHASE ROAD 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 2 CHASE 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
2018 15 FEB	£240,000	£252,805	5% below HPI
2010 29 OCT	£199,950	£207,487	4% below HPI
1995 13 APR	£45,000	£76,422	41% below HPI

2 CHASE 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 three 2 CHASE ROAD sales between April 1995 and February 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 October 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 CHASE ROAD?

2 CHASE ROAD is 100m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 2 CHASE ROAD lies on this distribution: 46% of detached houses are smaller than 2 CHASE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

2 CHASE ROAD: Plot and Title Map

2 CHASE ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 2 CHASE 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 2 CHASE 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 2 CHASE ROAD?

2 CHASE ROAD is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 2 on CHASE ROAD.