55, GORGE ROAD, DUDLEY, DY3 1LE - £250,000

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

55 GORGE ROAD is a very large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £250,000 in February 2016, which was around 13% above the average February 2016 detached price in the Dudley local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

55 GORGE ROAD Sold Prices

Land registry data shows three sales for 55 GORGE ROAD 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. Two of the three 55 GORGE ROAD sales were for above the average price, whilst one was 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 26 FEB	£250,000	£222,100	13% above HPI
2005 25 NOV	£199,000	£197,146	1% above HPI
1997 14 FEB	£62,000	£77,748	20% below HPI

55 GORGE ROAD 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 55 GORGE ROAD sales between February 1997 and February 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 November 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 55 GORGE ROAD?

55 GORGE ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 55 GORGE ROAD lies on this distribution: 90% of detached houses are smaller than 55 GORGE ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

55 GORGE ROAD: Plot and Title Map

55 GORGE ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 55 GORGE ROAD, 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 55 GORGE ROAD). 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 55 GORGE ROAD?

55 GORGE ROAD is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 55 on GORGE ROAD.