5C, LANTERN ROAD, DUDLEY, DY2 0DL - £340,000

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

5C LANTERN ROAD is a large detached house of 113m². It was last sold for £340,000 in July 2023, which was around 2% below the average July 2023 detached price in the Dudley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

5C LANTERN ROAD Sold Prices

Land registry data shows three sales for 5C LANTERN 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. All of the three 5C LANTERN 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
2023 3 JUL	£340,000	£347,018	2% below HPI
2019 17 SEP	£250,000	£274,419	9% below HPI
2017 27 NOV	£170,000	£248,684	32% below HPI

5C LANTERN 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 5C LANTERN ROAD sales between November 2017 and July 2023 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 September 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5C LANTERN ROAD?

5C LANTERN ROAD is 113m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 5C LANTERN ROAD lies on this distribution: 62% of detached houses are smaller than 5C LANTERN ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Dudley.

5C LANTERN ROAD: Plot and Title Map

5C LANTERN ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5C LANTERN 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 5C LANTERN 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 5C LANTERN ROAD?

5C LANTERN ROAD is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 5C on LANTERN ROAD.