4, LYDIATES CLOSE, DUDLEY, DY3 3ND - £195,000

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.

4 LYDIATES CLOSE is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £302,255. It was last sold for £195,000 in July 2017, which was around 26% above the average July 2017 semi-detached price in the Dudley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

4 LYDIATES CLOSE Sold Prices

Land registry data shows two sales for 4 LYDIATES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 4 LYDIATES CLOSE 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 13 JUL	£195,000	£154,728	26% above HPI
2015 22 MAY	£150,000	£135,028	11% above HPI

4 LYDIATES CLOSE 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 two 4 LYDIATES CLOSE sales from May 2015 and July 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 May 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 LYDIATES CLOSE be worth now?

4 LYDIATES CLOSE might now be worth an estimated £302,255.

This is based on house price inflation of 55%, between July 2017 and May 2026, 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 55% inflationary increase is applied to the most recent sale price for 4 LYDIATES CLOSE of £195,000 on 13th July 2017. For the value to have increased from £195,000 to £302,255 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 4 LYDIATES CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The July 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LYDIATES CLOSE has not materially changed since July 2017.

How Large is 4 LYDIATES CLOSE?

4 LYDIATES CLOSE is 59m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sedgley, and where 4 LYDIATES CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 LYDIATES CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

4 LYDIATES CLOSE: Plot and Title Map

4 LYDIATES CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 LYDIATES CLOSE, 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 4 LYDIATES CLOSE). 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 4 LYDIATES CLOSE?

4 LYDIATES CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 4 on LYDIATES CLOSE.