2, OLD PARK ROAD, DUDLEY, DY1 3NB - £118,000

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 OLD PARK ROAD is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £118,000 in November 2011, which was around 40% below the average November 2011 detached price in the Dudley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

2 OLD PARK ROAD Sold Prices

Land registry data shows two sales for 2 OLD PARK ROAD 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. Both of the two 2 OLD PARK 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
2011 2 NOV	£118,000	£196,523	40% below HPI
2001 25 MAY	£74,950	£110,488	32% below HPI

2 OLD PARK 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 two 2 OLD PARK ROAD sales from May 2001 and November 2011 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 May 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 OLD PARK ROAD?

2 OLD PARK ROAD is 85m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 2 OLD PARK ROAD lies on this distribution: 24% of detached houses are smaller than 2 OLD PARK ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Dudley.

2 OLD PARK ROAD: Plot and Title Map

2 OLD PARK ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 OLD PARK 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 OLD PARK 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 OLD PARK ROAD?

2 OLD PARK ROAD is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 2 on OLD PARK ROAD.