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
44 RICHBOROUGH DRIVE is a very large extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £349,950 in December 2020, which was around 19% above the average December 2020 detached price in the Dudley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 44 RICHBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Two of the three 44 RICHBOROUGH DRIVE sales were for above the average price, whilst one was for below 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 16 DEC | £349,950 | £293,613 | 19% above HPI |
2007 16 JUL | £192,500 | £212,715 | 10% below 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 three 44 RICHBOROUGH DRIVE sales between June 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 July 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
44 RICHBOROUGH DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 44 RICHBOROUGH DRIVE lies on this distribution: 80% of detached houses are smaller than 44 RICHBOROUGH DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
44 RICHBOROUGH DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 44 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 44 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.
44 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 44 on RICHBOROUGH DRIVE.