2, THE PRIORY, DUDLEY, DY3 3UB - £175,000

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.

2 THE PRIORY is a large extended terraced house of 117m², built sometime before 1900, which could now be worth an estimated £207,595. It was last sold for £175,000 in September 2021, which was around 4% above the average September 2021 terraced price in the Dudley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE PRIORY Sold Prices

Land registry data shows four sales for 2 THE PRIORY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Most of the four 2 THE PRIORY 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
2021 2 SEP	£175,000	£167,797	4% above HPI
2004 16 JAN	£87,000	£86,294	1% above HPI
2000 21 JUL	£52,950	£48,049	10% above HPI
1998 21 JUL	£18,000	£41,307	56% below HPI

2 THE PRIORY 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 four 2 THE PRIORY sales between July 1998 and September 2021 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 January 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 THE PRIORY be worth now?

2 THE PRIORY might now be worth an estimated £207,595.

This is based on house price inflation of 18.6%, between September 2021 and May 2026, 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 18.6% inflationary increase is applied to the most recent sale price for 2 THE PRIORY of £175,000 on 2nd September 2021. For the value to have increased from £175,000 to £207,595 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 2 THE PRIORY has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The September 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PRIORY has not materially changed since September 2021.

How Large is 2 THE PRIORY?

2 THE PRIORY is 117m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of terraced houses houses in Sedgley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sedgley, and where 2 THE PRIORY lies on this distribution: 69% of terraced houses houses are smaller than 2 THE PRIORY, and 30% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

2 THE PRIORY: Plot and Title Map

2 THE PRIORY sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 2 THE PRIORY, 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 2 THE PRIORY). 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 2 THE PRIORY?

2 THE PRIORY is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 2 on THE PRIORY.