58, CRADLEY ROAD, NETHERTON, DUDLEY, DY2 9RD - £120,000

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

58 CRADLEY ROAD is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £120,000 in October 2018, which was around 54% below the average October 2018 detached price in the Dudley local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

58 CRADLEY ROAD Sold Prices

Land registry data shows two sales for 58 CRADLEY ROAD 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 58 CRADLEY ROAD 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 23 OCT	£120,000	£263,537	54% below HPI
2000 17 MAR	£32,500	£95,455	66% below HPI

58 CRADLEY 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 two 58 CRADLEY ROAD sales from March 2000 and October 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 March 2000 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the October 2018 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 58 CRADLEY ROAD?

58 CRADLEY ROAD is 78m² according to the EPC inspection conducted in January 2024. 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 58 CRADLEY ROAD lies on this distribution: 14% of detached houses are smaller than 58 CRADLEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Dudley.

58 CRADLEY ROAD: Plot and Title Map

58 CRADLEY ROAD sits on a plot of roughly 0.335 of an acre, or 1,357m². The below map shows the location of 58 CRADLEY 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 58 CRADLEY 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 58 CRADLEY ROAD?

58 CRADLEY ROAD is located in NETHERTON, in the DY2 postcode district. The below map shows the position of No. 58 on CRADLEY ROAD.