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
243 NEW BIRMINGHAM ROAD is a large detached house of 110m², built sometime between 1950 and 1966. It was last sold for £235,000 in September 2014, which was around 13% above the average September 2014 detached price in the Dudley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 243 NEW BIRMINGHAM ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. One of the three 243 NEW BIRMINGHAM ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2014 1 SEP | £235,000 | £208,546 | 13% above HPI |
2008 18 FEB | £202,500 | £218,085 | 7% below HPI |
2004 5 NOV | £195,000 | £196,226 | 1% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 243 NEW BIRMINGHAM ROAD sales between November 2004 and September 2014 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 February 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
243 NEW BIRMINGHAM ROAD is 110m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 243 NEW BIRMINGHAM ROAD lies on this distribution: 66% of detached houses are smaller than 243 NEW BIRMINGHAM ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.
243 NEW BIRMINGHAM ROAD sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 243 NEW BIRMINGHAM 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 243 NEW BIRMINGHAM 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.
243 NEW BIRMINGHAM ROAD is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 243 on NEW BIRMINGHAM ROAD.