502, LAPWOOD AVENUE, KINGSWINFORD, DY6 8SG - £187,500

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

502 LAPWOOD AVENUE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £187,500 in April 2016, which was around 16% below the average April 2016 detached price in the Dudley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

502 LAPWOOD AVENUE Sold Prices

Land registry data shows two sales for 502 LAPWOOD AVENUE 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 502 LAPWOOD AVENUE 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
2016 29 APR	£187,500	£223,179	16% below HPI
2006 4 SEP	£154,000	£206,363	25% below HPI

502 LAPWOOD AVENUE 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 502 LAPWOOD AVENUE sales from September 2006 and April 2016 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 September 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 502 LAPWOOD AVENUE?

502 LAPWOOD AVENUE is 59m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 502 LAPWOOD AVENUE lies on this distribution: 5% of detached houses are smaller than 502 LAPWOOD AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

502 LAPWOOD AVENUE: Plot and Title Map

502 LAPWOOD AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 502 LAPWOOD AVENUE, 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 502 LAPWOOD AVENUE). 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 502 LAPWOOD AVENUE?

502 LAPWOOD AVENUE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 502 on LAPWOOD AVENUE.