56, NEW STREET, QUARRY BANK, BRIERLEY HILL, DY5 2AZ - £107,000

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

56 NEW STREET is a midsized extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £107,000 in June 2018, which was around 58% below the average June 2018 detached price in the Dudley local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

56 NEW STREET Sold Prices

Land registry data shows two sales for 56 NEW 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 56 NEW 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
2018 29 JUN	£107,000	£256,166	58% below HPI
1999 30 NOV	£39,995	£93,274	57% below HPI

56 NEW 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 56 NEW STREET sales from November 1999 and June 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 November 1999 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2018 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 56 NEW STREET?

56 NEW STREET is 91m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 56 NEW STREET lies on this distribution: 43% of detached houses are smaller than 56 NEW STREET, and 56% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

56 NEW STREET: Plot and Title Map

56 NEW STREET sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 56 NEW 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 56 NEW 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 56 NEW STREET?

56 NEW STREET is located in QUARRY BANK, in the DY5 postcode district. The below map shows the position of No. 56 on NEW STREET.