12, CHANCERY WAY, BRIERLEY HILL, DY5 1UJ - £190,000

12 CHANCERY WAY is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £190,000 in April 2018, which was around 26% below the average April 2018 detached price in the Dudley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

12 CHANCERY WAY Sold Prices

Land registry data shows three sales for 12 CHANCERY WAY 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 12 CHANCERY WAY 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
2018 6 APR	£190,000	£255,352	26% below HPI
2016 29 JUL	£163,000	£232,340	30% below HPI
2000 25 FEB	£79,000	£94,874	17% below HPI

12 CHANCERY WAY 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 12 CHANCERY WAY sales between February 2000 and April 2018 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 CHANCERY WAY?

12 CHANCERY WAY is 88m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Brierley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Brierley Hill, and where 12 CHANCERY WAY lies on this distribution: 38% of detached houses are smaller than 12 CHANCERY WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Brierley Hill.

12 CHANCERY WAY: Plot and Title Map

12 CHANCERY WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 12 CHANCERY WAY, 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 12 CHANCERY WAY). 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 12 CHANCERY WAY?

12 CHANCERY WAY is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 12 on CHANCERY WAY.