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
48 RIPLEY GROVE is a very small extended detached house of 58m², built sometime from 2007 onwards. It was last sold for £147,500 in April 2024, which was around 57% below the average April 2024 detached price in the Dudley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 48 RIPLEY GROVE 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. All of the three 48 RIPLEY GROVE sales were 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 |
---|---|---|---|
2024 9 APR | £147,500 | £342,941 | 57% below HPI |
2015 18 MAR | £95,000 | £208,338 | 54% below HPI |
2010 9 JUL | £98,000 | £205,721 | 52% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 48 RIPLEY GROVE sales between July 2010 and April 2024 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 March 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2024 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.
48 RIPLEY GROVE is 58m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 48 RIPLEY GROVE lies on this distribution: 2% of detached houses are smaller than 48 RIPLEY GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
48 RIPLEY GROVE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 48 RIPLEY GROVE, 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 48 RIPLEY GROVE). 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.
48 RIPLEY GROVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 48 on RIPLEY GROVE.