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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MUSK LANE is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £144,000 in May 2016, which was around 37% 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	£228,142	37% below HPI
2000 17 MAR	£50,000	£95,455	48% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 38 MUSK LANE lies on this distribution: 15% of detached 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.