48, NEW STREET, QUARRY BANK, BRIERLEY HILL, DY5 2AZ - £175,000

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

48 NEW STREET is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £175,000 in July 2022, which was around 49% below the average July 2022 detached price in the Dudley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

48 NEW STREET Sold Prices

Land registry data shows three sales for 48 NEW STREET 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 48 NEW STREET 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
2022 29 JUL	£175,000	£342,026	49% below HPI
2016 17 OCT	£96,000	£235,163	59% below HPI
2011 11 MAR	£76,640	£195,930	61% below HPI

48 NEW STREET 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 48 NEW STREET sales between March 2011 and July 2022 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 October 2016 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 48 NEW STREET?

48 NEW STREET is 63m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 48 NEW STREET lies on this distribution: 5% of detached houses are smaller than 48 NEW STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

48 NEW STREET: Plot and Title Map

48 NEW STREET sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 48 NEW STREET, 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 48 NEW STREET). 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 48 NEW STREET?

48 NEW STREET is located in QUARRY BANK, in the DY5 postcode district. The below map shows the position of No. 48 on NEW STREET.