5, CHAPEL WALK, DUDLEY, DY3 2TR - £124,000

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.

5 CHAPEL WALK is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £175,056. It was last sold for £124,000 in July 2018, which was around 10% below the average July 2018 terraced price in the Dudley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

5 CHAPEL WALK Sold Prices

Land registry data shows five sales for 5 CHAPEL WALK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Most of the five 5 CHAPEL WALK 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
2018 5 JUL	£124,000	£137,143	10% below HPI
2012 15 JUN	£84,000	£106,266	21% below HPI
2006 12 JAN	£119,950	£107,856	11% above HPI
1999 30 JUL	£50,000	£44,072	13% above HPI
1998 27 MAR	£15,000	£39,757	62% below HPI

5 CHAPEL WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The five 5 CHAPEL WALK sales between March 1998 and July 2018 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 CHAPEL WALK be worth now?

5 CHAPEL WALK might now be worth an estimated £175,056.

This is based on house price inflation of 41.2%, between July 2018 and July 2025, for terraced 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 41.2% inflationary increase is applied to the most recent sale price for 5 CHAPEL WALK of £124,000 on 5th July 2018. For the value to have increased from £124,000 to £175,056 over the seven years to July 2025, the following assumptions must hold true:

• The value of 5 CHAPEL WALK has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The July 2018 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAPEL WALK has not materially changed since July 2018.

How Large is 5 CHAPEL WALK?

5 CHAPEL WALK is 68m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Sedgley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sedgley, and where 5 CHAPEL WALK lies on this distribution: 5% of terraced houses houses are smaller than 5 CHAPEL WALK, and 95% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

5 CHAPEL WALK: Plot and Title Map

5 CHAPEL WALK sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 5 CHAPEL WALK, 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 5 CHAPEL WALK). 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 5 CHAPEL WALK?

5 CHAPEL WALK is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 5 on CHAPEL WALK.