62, MURDOCH DRIVE, KINGSWINFORD, DY6 9HJ - £170,000

62 MURDOCH DRIVE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £170,000 in August 2018, which was around 35% below the average August 2018 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 B.

62 MURDOCH DRIVE Sold Prices

Land registry data shows two sales for 62 MURDOCH DRIVE 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 62 MURDOCH DRIVE 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
2018 10 AUG	£170,000	£262,380	35% below HPI
2005 31 MAR	£158,995	£189,726	16% below HPI

62 MURDOCH DRIVE 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 62 MURDOCH DRIVE sales from March 2005 and August 2018 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 62 MURDOCH DRIVE?

62 MURDOCH DRIVE is 75m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Kingswinford, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswinford, and where 62 MURDOCH DRIVE lies on this distribution: 15% of detached houses are smaller than 62 MURDOCH DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

62 MURDOCH DRIVE: Plot and Title Map

62 MURDOCH DRIVE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 62 MURDOCH 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 62 MURDOCH 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.

Where is 62 MURDOCH DRIVE?

62 MURDOCH DRIVE is located in KINGSWINFORD, in the DY6 postcode district. The below map shows the position of No. 62 on MURDOCH DRIVE.