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
58 RICHBOROUGH DRIVE is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £195,000 in September 2012, which was around 2% below the average September 2012 detached price in the Dudley local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 58 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 58 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 |
---|---|---|---|
2012 28 SEP | £195,000 | £198,123 | 2% below HPI |
1997 16 DEC | £91,950 | £82,464 | 12% 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 58 RICHBOROUGH DRIVE sales from December 1997 and September 2012 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 December 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
58 RICHBOROUGH DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgley, and where 58 RICHBOROUGH DRIVE lies on this distribution: 69% of detached houses are smaller than 58 RICHBOROUGH DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Sedgley.
58 RICHBOROUGH DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 58 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 58 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.
58 RICHBOROUGH DRIVE is located in DUDLEY, in the DY1 postcode district. The below map shows the position of No. 58 on RICHBOROUGH DRIVE.