26, LOWESWATER DRIVE, LOWER GORNAL, DUDLEY, DY3 2RG - £342,500

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.

26 LOWESWATER DRIVE is a very large extended detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £424,756. It was last sold for £342,500 in October 2020, which was around 22% above the average October 2020 detached price in the Dudley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

26 LOWESWATER DRIVE Sold Prices

Land registry data shows two sales for 26 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 26 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
2020 23 OCT	£342,500	£280,978	22% above HPI
2014 7 AUG	£259,950	£203,435	28% above HPI

26 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 26 LOWESWATER DRIVE sales from August 2014 and October 2020 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 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 26 LOWESWATER DRIVE be worth now?

26 LOWESWATER DRIVE might now be worth an estimated £424,756.

This is based on house price inflation of 24%, between October 2020 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 24% inflationary increase is applied to the most recent sale price for 26 LOWESWATER DRIVE of £342,500 on 23rd October 2020. For the value to have increased from £342,500 to £424,756 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 26 LOWESWATER DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The October 2020 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 26 LOWESWATER DRIVE has not materially changed since October 2020.

How Large is 26 LOWESWATER DRIVE?

26 LOWESWATER DRIVE is 156m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 26 LOWESWATER DRIVE lies on this distribution: 92% of detached houses houses are smaller than 26 LOWESWATER DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

26 LOWESWATER DRIVE: Plot and Title Map

26 LOWESWATER DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 26 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 26 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 26 LOWESWATER DRIVE?

26 LOWESWATER DRIVE is located in LOWER GORNAL, in the DY3 postcode district. The below map shows the position of No. 26 on LOWESWATER DRIVE.