1, SOVEREIGN DRIVE, DUDLEY, DY1 2UE - £245,000

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.

1 SOVEREIGN DRIVE is a large extended terraced house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £360,888. It was last sold for £245,000 in November 2017, which was around 86% above the average November 2017 terraced price in the Dudley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

1 SOVEREIGN DRIVE Sold Prices

Land registry data shows two sales for 1 SOVEREIGN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Both of the two 1 SOVEREIGN DRIVE sales were for above 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
2017 24 NOV	£245,000	£131,439	86% above HPI
2002 9 SEP	£149,950	£66,815	124% above HPI

1 SOVEREIGN DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The two 1 SOVEREIGN DRIVE sales from September 2002 and November 2017 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 2002 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the November 2017 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 1 SOVEREIGN DRIVE be worth now?

1 SOVEREIGN DRIVE might now be worth an estimated £360,888.

This is based on house price inflation of 47.3%, between November 2017 and July 2025, for terraced 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 47.3% inflationary increase is applied to the most recent sale price for 1 SOVEREIGN DRIVE of £245,000 on 24th November 2017. For the value to have increased from £245,000 to £360,888 over the eight years and four months to July 2025, the following assumptions must hold true:

• The value of 1 SOVEREIGN DRIVE has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The November 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOVEREIGN DRIVE has not materially changed since November 2017.

How Large is 1 SOVEREIGN DRIVE?

1 SOVEREIGN DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of terraced houses houses in Dudley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dudley, and where 1 SOVEREIGN DRIVE lies on this distribution: 67% of terraced houses houses are smaller than 1 SOVEREIGN DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Dudley.

1 SOVEREIGN DRIVE: Plot and Title Map

1 SOVEREIGN DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 SOVEREIGN DRIVE, 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 1 SOVEREIGN DRIVE). 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 1 SOVEREIGN DRIVE?

1 SOVEREIGN DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 1 on SOVEREIGN DRIVE.