Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
40 RICHBOROUGH DRIVE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £222,500 in May 2010, which was around 12% above the average May 2010 detached price in the Dudley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 40 RICHBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 40 RICHBOROUGH 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 |
---|---|---|---|
2010 14 MAY | £222,500 | £199,344 | 12% above HPI |
2005 16 FEB | £220,000 | £189,486 | 16% above HPI |
2001 31 OCT | £120,000 | £115,740 | 4% above HPI |
1998 26 JUN | £98,500 | £84,467 | 17% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The four 40 RICHBOROUGH DRIVE sales between June 1998 and May 2010 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 February 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2010 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
40 RICHBOROUGH DRIVE is 102m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 40 RICHBOROUGH DRIVE lies on this distribution: 48% of detached houses are smaller than 40 RICHBOROUGH DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
40 RICHBOROUGH DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 40 RICHBOROUGH 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 40 RICHBOROUGH 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.
40 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 40 on RICHBOROUGH DRIVE.