56, LANTERN ROAD, DUDLEY, DY2 0DL - £267,000

56 LANTERN ROAD is a midsized detached house of 109m², built sometime between 1967 and 1975. It was last sold for £267,000 in March 2021, which was around 10% below the average March 2021 detached price in the Dudley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

56 LANTERN ROAD Sold Prices

Land registry data shows two sales for 56 LANTERN ROAD 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 56 LANTERN ROAD 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
2021 29 MAR	£267,000	£297,827	10% below HPI
2010 1 OCT	£170,000	£207,487	18% below HPI

56 LANTERN ROAD 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 56 LANTERN ROAD sales from October 2010 and March 2021 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 October 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 56 LANTERN ROAD?

56 LANTERN ROAD is 109m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 56 LANTERN ROAD lies on this distribution: 55% of detached houses are smaller than 56 LANTERN ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Dudley.

56 LANTERN ROAD: Plot and Title Map

56 LANTERN ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 56 LANTERN ROAD, 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 56 LANTERN ROAD). 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 56 LANTERN ROAD?

56 LANTERN ROAD is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 56 on LANTERN ROAD.