HOLLYDENE, BROOK STREET, GORNAL WOOD, DUDLEY, DY3 2NB - £118,000

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

HOLLYDENE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £118,000 in April 2012, which was around 39% below the average April 2012 detached price in the Dudley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

HOLLYDENE Sold Prices

Land registry data shows three sales for HOLLYDENE 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 HOLLYDENE 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
2012 16 APR	£118,000	£192,735	39% below HPI
2005 29 JUL	£135,000	£196,191	31% below HPI
2004 20 MAY	£112,000	£176,476	37% below HPI

HOLLYDENE 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 HOLLYDENE sales between May 2004 and April 2012 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 July 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is HOLLYDENE?

HOLLYDENE is 75m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where HOLLYDENE lies on this distribution: 11% of detached houses are smaller than HOLLYDENE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

HOLLYDENE: Plot and Title Map

HOLLYDENE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of HOLLYDENE, 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 HOLLYDENE). 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 HOLLYDENE?

HOLLYDENE is located on BROOK STREET in GORNAL WOOD, in the DY3 postcode district. The below map shows the position of HOLLYDENE on BROOK STREET.