351, NORTHWAY, SEDGLEY, DUDLEY, DY3 3RT - £255,000

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

351 NORTHWAY is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £255,000 in January 2016, which was around 14% above the average January 2016 detached price in the Dudley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

351 NORTHWAY Sold Prices

Land registry data shows four sales for 351 NORTHWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 351 NORTHWAY 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
2016 29 JAN	£255,000	£223,835	14% above HPI
2006 18 AUG	£295,000	£204,675	44% above HPI
2002 20 DEC	£242,000	£148,186	63% above HPI
2002 7 JAN	£209,000	£121,843	72% above HPI

351 NORTHWAY 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 four 351 NORTHWAY sales between January 2002 and January 2016 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 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the January 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 351 NORTHWAY?

351 NORTHWAY is 165m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 351 NORTHWAY lies on this distribution: 94% of detached houses are smaller than 351 NORTHWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

351 NORTHWAY: Plot and Title Map

351 NORTHWAY sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 351 NORTHWAY, 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 351 NORTHWAY). 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 351 NORTHWAY?

351 NORTHWAY is located in SEDGLEY, in the DY3 postcode district. The below map shows the position of No. 351 on NORTHWAY.