33, PARKES LANE, DUDLEY, DY3 1AQ - £134,500

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.

33 PARKES LANE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £249,008. It was last sold for £134,500 in November 2012, which was around 7% above the average November 2012 semi-detached price in the Dudley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

33 PARKES LANE Sold Prices

Land registry data shows three sales for 33 PARKES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the three 33 PARKES LANE 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
2012 23 NOV	£134,500	£125,720	7% above HPI
2005 5 AUG	£137,000	£126,379	8% above HPI
1997 26 SEP	£51,950	£49,520	5% above HPI

33 PARKES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 33 PARKES LANE sales between September 1997 and November 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 August 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2012 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 33 PARKES LANE be worth now?

33 PARKES LANE might now be worth an estimated £249,008.

This is based on house price inflation of 85.1%, between November 2012 and February 2025, for semi-detached 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 85.1% inflationary increase is applied to the most recent sale price for 33 PARKES LANE of £134,500 on 23rd November 2012. For the value to have increased from £134,500 to £249,008 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 33 PARKES LANE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The November 2012 sale price of £134,500 represented a fair market value for the property.
• The size, condition, and specification of 33 PARKES LANE has not materially changed since November 2012.

How Large is 33 PARKES LANE?

33 PARKES LANE is 62m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Coseley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coseley, and where 33 PARKES LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 33 PARKES LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Coseley.

33 PARKES LANE: Plot and Title Map

33 PARKES LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 33 PARKES LANE, 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 33 PARKES LANE). 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 33 PARKES LANE?

33 PARKES LANE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 33 on PARKES LANE.