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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ELAN ROAD is a large detached house of 118m², built sometime between 1967 and 1975. It was last sold for £249,950 in May 2019, which was around 5% 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	£263,977	5% below HPI
2015 15 OCT	£195,000	£221,124	12% below HPI
2007 1 FEB	£220,000	£205,139	7% above HPI
2000 1 DEC	£120,000	£106,545	13% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

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 in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 2 ELAN ROAD lies on this distribution: 71% of detached 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.