2, HOPYARD LANE, DUDLEY, DY3 2XG - £345,000

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 HOPYARD LANE is a large detached house of 111m², built sometime between 1967 and 1975. It was last sold for £345,000 in March 2022, which was around 7% above the average March 2022 detached price in the Dudley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

2 HOPYARD LANE Sold Prices

Land registry data shows two sales for 2 HOPYARD LANE 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. One of the two 2 HOPYARD LANE sales was for above the average price, whilst the other was 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
2022 3 MAR	£345,000	£323,427	7% above HPI
2016 21 OCT	£190,000	£235,163	19% below HPI

2 HOPYARD LANE 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 2 HOPYARD LANE sales from October 2016 and March 2022 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 HOPYARD LANE?

2 HOPYARD LANE is 111m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 HOPYARD LANE lies on this distribution: 60% of detached houses are smaller than 2 HOPYARD LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

2 HOPYARD LANE: Plot and Title Map

2 HOPYARD LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 2 HOPYARD LANE, 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 HOPYARD LANE). 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 HOPYARD LANE?

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