THE BUNGALOW, LIGHTWOOD ROAD, DUDLEY, DY1 2RS - £249,950

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

THE BUNGALOW is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £249,950 in December 2022, which was around 29% below the average December 2022 detached price in the Dudley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was B, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2022 2 DEC	£249,950	£352,619	29% below HPI
2004 19 JUL	£158,000	£181,415	13% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from July 2004 and December 2022 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 79m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 THE BUNGALOW lies on this distribution: 15% of detached houses are smaller than THE BUNGALOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Dudley.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on LIGHTWOOD ROAD in DUDLEY, in the DY1 postcode district. The below map shows the position of THE BUNGALOW on LIGHTWOOD ROAD.