5, MONARCH WAY, DUDLEY, DY2 0LD - £305,000

5 MONARCH WAY is a very large extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £305,000 in November 2019, which was around 11% above the average November 2019 detached price in the Dudley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

5 MONARCH WAY Sold Prices

Land registry data shows two sales for 5 MONARCH WAY since 1^st 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. Both of the two 5 MONARCH WAY 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
2019 29 NOV	£305,000	£274,820	11% above HPI
1997 5 FEB	£95,000	£77,748	22% above HPI

5 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 5 MONARCH WAY sales from February 1997 and November 2019 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 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 MONARCH WAY?

5 MONARCH WAY is 131m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 5 MONARCH WAY lies on this distribution: 81% of detached houses are smaller than 5 MONARCH WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Dudley.

5 MONARCH WAY: Plot and Title Map

5 MONARCH WAY sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 5 MONARCH WAY, 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 5 MONARCH WAY). 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 5 MONARCH WAY?

5 MONARCH WAY is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 5 on MONARCH WAY.