5, MONARCH WAY, DUDLEY, DY2 0LD - £305,000

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 MONARCH WAY is a very large extended detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £396,289. It was last sold for £305,000 in November 2019, which was around 14% above the average November 2019 detached price in the Dudley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

5 MONARCH WAY Sold Prices

Land registry data shows two sales for 5 MONARCH WAY 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 5 MONARCH WAY sales were for above 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 29 NOV	£305,000	£268,188	14% above HPI
1997 5 FEB	£95,000	£75,871	25% above HPI

5 MONARCH WAY 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 5 MONARCH WAY sales from February 1997 and November 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 February 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 MONARCH WAY be worth now?

5 MONARCH WAY might now be worth an estimated £396,289.

This is based on house price inflation of 29.9%, between November 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 29.9% inflationary increase is applied to the most recent sale price for 5 MONARCH WAY of £305,000 on 29th November 2019. For the value to have increased from £305,000 to £396,289 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 MONARCH WAY has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONARCH WAY has not materially changed since November 2019.

How Large is 5 MONARCH WAY?

5 MONARCH WAY is 131m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 5 MONARCH WAY lies on this distribution: 81% of detached houses houses are smaller than 5 MONARCH WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Dudley.

5 MONARCH WAY: Plot and Title Map

5 MONARCH WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 5 MONARCH WAY, 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 MONARCH WAY). 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 MONARCH WAY?

5 MONARCH WAY is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 5 on MONARCH WAY.