56, NITH PLACE, DUDLEY, DY1 3BH - £124,950

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

56 NITH PLACE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £124,950 in September 2006, which was around 39% below the average September 2006 detached price in the Dudley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

56 NITH PLACE Sold Prices

Land registry data shows two sales for 56 NITH PLACE 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 NITH PLACE 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
2006 4 SEP	£124,950	£206,363	39% below HPI
1999 26 FEB	£71,000	£87,806	19% below HPI

56 NITH PLACE 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 NITH PLACE sales from February 1999 and September 2006 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2006 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 56 NITH PLACE?

56 NITH PLACE is 77m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 56 NITH PLACE lies on this distribution: 13% of detached houses are smaller than 56 NITH PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Dudley.

56 NITH PLACE: Plot and Title Map

56 NITH PLACE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 56 NITH PLACE, 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 NITH PLACE). 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 NITH PLACE?

56 NITH PLACE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 56 on NITH PLACE.