3, RICHBOROUGH DRIVE, DUDLEY, DY1 3PZ - £224,000

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 RICHBOROUGH DRIVE is a large extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £376,021. It was last sold for £224,000 in July 2007, which was around 8% above the average July 2007 detached price in the Dudley local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

3 RICHBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 3 RICHBOROUGH 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. All of the three 3 RICHBOROUGH 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
2007 27 JUL	£224,000	£207,581	8% above HPI
1999 5 NOV	£99,950	£91,023	10% above HPI
1999 4 MAR	£99,950	£85,630	17% above HPI

3 RICHBOROUGH 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 RICHBOROUGH DRIVE sales between March 1999 and July 2007 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 November 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2007 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 RICHBOROUGH DRIVE be worth now?

3 RICHBOROUGH DRIVE might now be worth an estimated £376,021.

This is based on house price inflation of 67.9%, between July 2007 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 67.9% inflationary increase is applied to the most recent sale price for 3 RICHBOROUGH DRIVE of £224,000 on 27th July 2007. For the value to have increased from £224,000 to £376,021 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 RICHBOROUGH DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2007 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHBOROUGH DRIVE has not materially changed since July 2007.

How Large is 3 RICHBOROUGH DRIVE?

3 RICHBOROUGH DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% 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 3 RICHBOROUGH DRIVE lies on this distribution: 62% of detached houses houses are smaller than 3 RICHBOROUGH DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

3 RICHBOROUGH DRIVE: Plot and Title Map

3 RICHBOROUGH DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 RICHBOROUGH 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 RICHBOROUGH 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 RICHBOROUGH DRIVE?

3 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 3 on RICHBOROUGH DRIVE.