2, ELAN ROAD, SEDGLEY, DUDLEY, DY3 3TP - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ELAN ROAD is a large detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £338,102. It was last sold for £249,950 in May 2019, which was around 3% below the average May 2019 detached price in the Dudley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

2 ELAN ROAD Sold Prices

Land registry data shows four sales for 2 ELAN 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. two of the four 2 ELAN ROAD sales were for below the average price, and four 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
2019 24 MAY	£249,950	£257,607	3% below HPI
2015 15 OCT	£195,000	£215,787	10% below HPI
2007 1 FEB	£220,000	£200,188	10% above HPI
2000 1 DEC	£120,000	£103,973	15% above HPI

2 ELAN 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 2 ELAN ROAD sales between December 2000 and May 2019 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 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 ELAN ROAD be worth now?

2 ELAN ROAD might now be worth an estimated £338,102.

This is based on house price inflation of 35.3%, between May 2019 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 2 ELAN ROAD of £249,950 on 24th May 2019. For the value to have increased from £249,950 to £338,102 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ELAN ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 ELAN ROAD has not materially changed since May 2019.

How Large is 2 ELAN ROAD?

2 ELAN ROAD is 118m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 2 ELAN ROAD lies on this distribution: 71% of detached houses houses are smaller than 2 ELAN ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

2 ELAN ROAD: Plot and Title Map

2 ELAN ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 ELAN 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 ELAN 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 ELAN ROAD?

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