32A, CRESSETT LANE, BRIERLEY HILL, DY5 3XT - £256,000

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

32A CRESSETT LANE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £256,000 in July 2023, which was around 26% below the average July 2023 detached price in the Dudley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

32A CRESSETT LANE Sold Prices

Land registry data shows two sales for 32A CRESSETT LANE 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 32A CRESSETT LANE sales 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
2023 7 JUL	£256,000	£347,018	26% below HPI
2007 23 APR	£157,000	£208,751	25% below HPI

32A CRESSETT LANE 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 32A CRESSETT LANE sales from April 2007 and July 2023 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 April 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 32A CRESSETT LANE?

32A CRESSETT LANE is 116m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% 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 32A CRESSETT LANE lies on this distribution: 76% of detached houses are smaller than 32A CRESSETT LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

32A CRESSETT LANE: Plot and Title Map

32A CRESSETT LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 32A CRESSETT LANE, 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 32A CRESSETT LANE). 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 32A CRESSETT LANE?

32A CRESSETT LANE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 32A on CRESSETT LANE.