38, THE BROADWAY, DUDLEY, DY1 3EE - £135,000

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 THE BROADWAY is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £135,000 in March 2014, which was around 33% below the average March 2014 detached price in the Dudley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

38 THE BROADWAY Sold Prices

Land registry data shows two sales for 38 THE BROADWAY 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 THE BROADWAY 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
2014 21 MAR	£135,000	£202,931	33% below HPI
2012 21 JUN	£135,500	£195,301	31% below HPI

38 THE BROADWAY 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 THE BROADWAY sales from June 2012 and March 2014 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 June 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 THE BROADWAY?

38 THE BROADWAY is 92m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 THE BROADWAY lies on this distribution: 30% of detached houses are smaller than 38 THE BROADWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Dudley.

38 THE BROADWAY: Plot and Title Map

38 THE BROADWAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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