51, HERMIT STREET, DUDLEY, DY3 2BS - £76,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 HERMIT STREET is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £76,000 in June 2013, which was around 62% below the average June 2013 detached price in the Dudley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

51 HERMIT STREET Sold Prices

Land registry data shows two sales for 51 HERMIT STREET 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 51 HERMIT 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
2013 5 JUN	£76,000	£198,504	62% below HPI
1996 8 MAR	£59,995	£75,414	20% below HPI

51 HERMIT 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 two 51 HERMIT STREET sales from March 1996 and June 2013 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 March 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2013 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 51 HERMIT STREET?

51 HERMIT STREET is 72m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 51 HERMIT STREET lies on this distribution: 8% of detached houses are smaller than 51 HERMIT STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

51 HERMIT STREET: Plot and Title Map

51 HERMIT STREET sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 51 HERMIT 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 51 HERMIT 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 51 HERMIT STREET?

51 HERMIT STREET is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 51 on HERMIT STREET.