2, MILES GROVE, DUDLEY, DY2 7TT - £310,000

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 MILES GROVE is a midsized extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £372,816. It was last sold for £310,000 in February 2021, which was around 7% above the average February 2021 detached price in the Dudley local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 MILES GROVE Sold Prices

Land registry data shows two sales for 2 MILES GROVE 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 MILES GROVE 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
2021 12 FEB	£310,000	£289,747	7% above HPI
2011 9 SEP	£155,000	£192,721	20% below HPI

2 MILES GROVE 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 MILES GROVE sales from September 2011 and February 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 September 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 MILES GROVE be worth now?

2 MILES GROVE might now be worth an estimated £372,816.

This is based on house price inflation of 20.3%, between February 2021 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 20.3% inflationary increase is applied to the most recent sale price for 2 MILES GROVE of £310,000 on 12th February 2021. For the value to have increased from £310,000 to £372,816 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 MILES GROVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The February 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILES GROVE has not materially changed since February 2021.

How Large is 2 MILES GROVE?

2 MILES GROVE is 107m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 2 MILES GROVE lies on this distribution: 53% of detached houses houses are smaller than 2 MILES GROVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Dudley.

2 MILES GROVE: Plot and Title Map

2 MILES GROVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 MILES GROVE, 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 MILES GROVE). 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 MILES GROVE?

2 MILES GROVE is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 2 on MILES GROVE.