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
74 RACEMEADOW CRESCENT is a small semi-detached house of 95m², built sometime between 1996 and 2002. It was last sold for £275,000 in June 2023, which was around 20% below the average June 2023 detached price in the Dudley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 74 RACEMEADOW CRESCENT since 1st 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 74 RACEMEADOW CRESCENT 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 27 JUN | £275,000 | £342,867 | 20% below HPI |
2016 24 JUN | £182,000 | £232,209 | 22% below HPI |
2005 12 DEC | £180,000 | £196,921 | 9% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 74 RACEMEADOW CRESCENT sales between December 2005 and June 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 June 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
74 RACEMEADOW CRESCENT is 95m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 74 RACEMEADOW CRESCENT lies on this distribution: 35% of detached houses are smaller than 74 RACEMEADOW CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Dudley.
74 RACEMEADOW CRESCENT sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 74 RACEMEADOW CRESCENT, 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 74 RACEMEADOW CRESCENT). 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.
74 RACEMEADOW CRESCENT is located in NETHERTON, in the DY2 postcode district. The below map shows the position of No. 74 on RACEMEADOW CRESCENT.