3, LYTHWOOD DRIVE, BRIERLEY HILL, DY5 3QW - £280,000

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.

3 LYTHWOOD DRIVE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £336,737. It was last sold for £280,000 in February 2021, which was around 3% below the average February 2021 detached price in the Dudley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

3 LYTHWOOD DRIVE Sold Prices

Land registry data shows three sales for 3 LYTHWOOD DRIVE since 1^st 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. The three 3 LYTHWOOD DRIVE sales were a mix of below the average price, and roughly equal to 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
2021 24 FEB	£280,000	£289,747	3% below HPI
2013 2 AUG	£170,000	£196,504	13% below HPI
2004 16 APR	£169,500	£170,048	Close to HPI

3 LYTHWOOD 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 three 3 LYTHWOOD DRIVE sales between April 2004 and February 2021 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 LYTHWOOD DRIVE be worth now?

3 LYTHWOOD DRIVE might now be worth an estimated £336,737.

This is based on house price inflation of 20.3%, between February 2021 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 20.3% inflationary increase is applied to the most recent sale price for 3 LYTHWOOD DRIVE of £280,000 on 24th February 2021. For the value to have increased from £280,000 to £336,737 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 LYTHWOOD DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LYTHWOOD DRIVE has not materially changed since February 2021.

How Large is 3 LYTHWOOD DRIVE?

3 LYTHWOOD DRIVE is 73m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierley Hill, and where 3 LYTHWOOD DRIVE lies on this distribution: 15% of detached houses houses are smaller than 3 LYTHWOOD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

3 LYTHWOOD DRIVE: Plot and Title Map

3 LYTHWOOD DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3 LYTHWOOD 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 3 LYTHWOOD 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 3 LYTHWOOD DRIVE?

3 LYTHWOOD DRIVE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 3 on LYTHWOOD DRIVE.