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

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.

24 LOWESWATER DRIVE is a very large detached house of 193m², built sometime between 2003 and 2006, which could now be worth an estimated £405,149. It was last sold for £234,000 in November 2006, which was around 16% 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	£201,258	16% above HPI
2001 21 DEC	£124,950	£116,364	7% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2006 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 24 LOWESWATER DRIVE be worth now?

24 LOWESWATER DRIVE might now be worth an estimated £405,149.

This is based on house price inflation of 73.1%, between November 2006 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 73.1% inflationary increase is applied to the most recent sale price for 24 LOWESWATER DRIVE of £234,000 on 16th November 2006. For the value to have increased from £234,000 to £405,149 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 LOWESWATER DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2006 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LOWESWATER DRIVE has not materially changed since November 2006.

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 houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 24 LOWESWATER DRIVE lies on this distribution: 97% of detached houses 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.