38, MUSK LANE, DUDLEY, DY3 2UH - £144,000

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.

38 MUSK LANE is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £225,381. It was last sold for £144,000 in May 2016, which was around 35% below the average May 2016 detached price in the Dudley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

38 MUSK LANE Sold Prices

Land registry data shows two sales for 38 MUSK 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 38 MUSK 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
2016 20 MAY	£144,000	£222,637	35% below HPI
2000 17 MAR	£50,000	£93,151	46% below HPI

38 MUSK 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 38 MUSK LANE sales from March 2000 and May 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 March 2000 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 38 MUSK LANE be worth now?

38 MUSK LANE might now be worth an estimated £225,381.

This is based on house price inflation of 56.5%, between May 2016 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 56.5% inflationary increase is applied to the most recent sale price for 38 MUSK LANE of £144,000 on 20th May 2016. For the value to have increased from £144,000 to £225,381 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 38 MUSK LANE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2016 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MUSK LANE has not materially changed since May 2016.

How Large is 38 MUSK LANE?

38 MUSK LANE is 78m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% 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 38 MUSK LANE lies on this distribution: 15% of detached houses houses are smaller than 38 MUSK LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

38 MUSK LANE: Plot and Title Map

38 MUSK LANE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 38 MUSK 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 38 MUSK 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 38 MUSK LANE?

38 MUSK LANE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 38 on MUSK LANE.