228, HALESOWEN ROAD, NETHERTON, DUDLEY, DY2 9NP - £175,000

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

228 HALESOWEN ROAD is a very small detached house of 72m², built sometime between 1900 and 1929. It was last sold for £175,000 in August 2023, which was around 50% below the average August 2023 detached price in the Dudley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

228 HALESOWEN ROAD Sold Prices

Land registry data shows two sales for 228 HALESOWEN 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 228 HALESOWEN 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
2023 29 AUG	£175,000	£350,980	50% below HPI
2018 28 AUG	£147,000	£262,380	44% below HPI

228 HALESOWEN 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 228 HALESOWEN ROAD sales from August 2018 and August 2023 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 August 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 228 HALESOWEN ROAD?

228 HALESOWEN ROAD is 72m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 228 HALESOWEN ROAD lies on this distribution: 8% of detached houses are smaller than 228 HALESOWEN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Dudley.

228 HALESOWEN ROAD: Plot and Title Map

228 HALESOWEN ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 228 HALESOWEN 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 228 HALESOWEN 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 228 HALESOWEN ROAD?

228 HALESOWEN ROAD is located in NETHERTON, in the DY2 postcode district. The below map shows the position of No. 228 on HALESOWEN ROAD.