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
42 RICHBOROUGH DRIVE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £241,000 in December 2020, which was around 18% below the average December 2020 detached price in the Dudley local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 42 RICHBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. One of the two 42 RICHBOROUGH DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2020 18 DEC | £241,000 | £293,613 | 18% below HPI |
1998 28 APR | £84,950 | £82,647 | 3% above HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 42 RICHBOROUGH DRIVE sales from April 1998 and December 2020 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 April 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
42 RICHBOROUGH DRIVE is 93m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 42 RICHBOROUGH DRIVE lies on this distribution: 38% of detached houses are smaller than 42 RICHBOROUGH DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
42 RICHBOROUGH DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 42 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 42 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.
42 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 42 on RICHBOROUGH DRIVE.