245, MILL STREET, BRIERLEY HILL, DY5 2TJ - £220,000

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

245 MILL STREET is a very large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £220,000 in January 2008, which was about the average January 2008 detached price in the Dudley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

245 MILL STREET Sold Prices

Land registry data shows two sales for 245 MILL STREET 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. One of the two 245 MILL STREET sales was roughly equal to the average price, whilst the other was 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
2008 21 JAN	£220,000	£221,085	Close to HPI
1995 3 OCT	£71,000	£76,143	7% below HPI

245 MILL STREET 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 245 MILL STREET sales from October 1995 and January 2008 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 October 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2008 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 245 MILL STREET?

245 MILL STREET is 120m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 245 MILL STREET lies on this distribution: 80% of detached houses are smaller than 245 MILL STREET, and 18% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

245 MILL STREET: Plot and Title Map

245 MILL STREET sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 245 MILL STREET, 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 245 MILL STREET). 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 245 MILL STREET?

245 MILL STREET is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 245 on MILL STREET.