4, SOMERY ROAD, DUDLEY, DY1 4BD - £180,000

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.

4 SOMERY ROAD is a very small detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £243,482. It was last sold for £180,000 in May 2019, which was around 30% below the average May 2019 detached price in the Dudley local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

4 SOMERY ROAD Sold Prices

Land registry data shows three sales for 4 SOMERY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 4 SOMERY ROAD 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
2019 10 MAY	£180,000	£257,607	30% below HPI
2010 18 JUN	£120,000	£197,667	39% below HPI
2000 15 MAR	£32,500	£93,151	65% below HPI

4 SOMERY ROAD 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 three 4 SOMERY ROAD sales between March 2000 and May 2019 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 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 SOMERY ROAD be worth now?

4 SOMERY ROAD might now be worth an estimated £243,482.

This is based on house price inflation of 35.3%, between May 2019 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 35.3% inflationary increase is applied to the most recent sale price for 4 SOMERY ROAD of £180,000 on 10th May 2019. For the value to have increased from £180,000 to £243,482 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 SOMERY ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOMERY ROAD has not materially changed since May 2019.

How Large is 4 SOMERY ROAD?

4 SOMERY ROAD is 73m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 4 SOMERY ROAD lies on this distribution: 9% of detached houses houses are smaller than 4 SOMERY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Dudley.

4 SOMERY ROAD: Plot and Title Map

4 SOMERY ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 4 SOMERY ROAD, 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 4 SOMERY ROAD). 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 4 SOMERY ROAD?

4 SOMERY ROAD is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 4 on SOMERY ROAD.