24, LOWESWATER DRIVE, LOWER GORNAL, DUDLEY, DY3 2RG - £234,000

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

24 LOWESWATER DRIVE is a very large detached house of 193m², built sometime between 2003 and 2006. It was last sold for £234,000 in November 2006, which was around 13% above the average November 2006 detached price in the Dudley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

24 LOWESWATER DRIVE Sold Prices

Land registry data shows two sales for 24 LOWESWATER DRIVE 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 24 LOWESWATER DRIVE sales 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
2006 16 NOV	£234,000	£206,235	13% above HPI
2001 21 DEC	£124,950	£119,242	5% above HPI

24 LOWESWATER DRIVE 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 24 LOWESWATER DRIVE sales from December 2001 and November 2006 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 December 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2006 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 24 LOWESWATER DRIVE?

24 LOWESWATER DRIVE is 193m² according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 24 LOWESWATER DRIVE lies on this distribution: 97% of detached houses are smaller than 24 LOWESWATER DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

24 LOWESWATER DRIVE: Plot and Title Map

24 LOWESWATER DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 24 LOWESWATER DRIVE, 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 24 LOWESWATER DRIVE). 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 24 LOWESWATER DRIVE?

24 LOWESWATER DRIVE is located in LOWER GORNAL, in the DY3 postcode district. The below map shows the position of No. 24 on LOWESWATER DRIVE.