38, SPRING PARKLANDS, DUDLEY, DY1 2DJ - £115,000

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

38 SPRING PARKLANDS is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £115,000 in September 2010, which was around 45% below the average September 2010 detached price in the Dudley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

38 SPRING PARKLANDS Sold Prices

Land registry data shows two sales for 38 SPRING PARKLANDS 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 SPRING PARKLANDS 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
2010 17 SEP	£115,000	£208,910	45% below HPI
1999 26 MAR	£53,000	£87,748	40% below HPI

38 SPRING PARKLANDS 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 SPRING PARKLANDS sales from March 1999 and September 2010 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 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2010 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 38 SPRING PARKLANDS?

38 SPRING PARKLANDS is 77m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 38 SPRING PARKLANDS lies on this distribution: 13% of detached houses are smaller than 38 SPRING PARKLANDS, and 86% of houses are larger. Note that EPC data is not available for all properties in Dudley.

38 SPRING PARKLANDS: Plot and Title Map

38 SPRING PARKLANDS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 38 SPRING PARKLANDS, 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 SPRING PARKLANDS). 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 SPRING PARKLANDS?

38 SPRING PARKLANDS is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 38 on SPRING PARKLANDS.