7, GREENFELS RISE, DUDLEY, DY2 7TP - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GREENFELS RISE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £323,928. It was last sold for £275,000 in June 2021, which was around 7% below the average June 2021 detached price in the Dudley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

7 GREENFELS RISE Sold Prices

Land registry data shows two sales for 7 GREENFELS RISE 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 7 GREENFELS RISE 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
2021 24 JUN	£275,000	£295,826	7% below HPI
2016 4 NOV	£163,500	£229,147	29% below HPI

7 GREENFELS RISE 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 7 GREENFELS RISE sales from November 2016 and June 2021 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 GREENFELS RISE be worth now?

7 GREENFELS RISE might now be worth an estimated £323,928.

This is based on house price inflation of 17.8%, between June 2021 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 7 GREENFELS RISE of £275,000 on 24th June 2021. For the value to have increased from £275,000 to £323,928 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 GREENFELS RISE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREENFELS RISE has not materially changed since June 2021.

How Large is 7 GREENFELS RISE?

7 GREENFELS RISE is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 7 GREENFELS RISE lies on this distribution: 22% of detached houses houses are smaller than 7 GREENFELS RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Dudley.

7 GREENFELS RISE: Plot and Title Map

7 GREENFELS RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 7 GREENFELS RISE, 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 7 GREENFELS RISE). 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 7 GREENFELS RISE?

7 GREENFELS RISE is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 7 on GREENFELS RISE.