8, FIRS STREET, DUDLEY, DY2 7DN - £122,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FIRS STREET is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £157,731. It was last sold for £122,500 in September 2020, which was around 19% below the average September 2020 terraced price in the Dudley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

8 FIRS STREET Sold Prices

Land registry data shows three sales for 8 FIRS STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. All of the three 8 FIRS STREET 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
2020 30 SEP	£122,500	£150,366	19% below HPI
2018 5 JUL	£67,500	£137,143	51% below HPI
2001 14 DEC	£51,950	£56,000	7% below HPI

8 FIRS STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The three 8 FIRS STREET sales between December 2001 and September 2020 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 July 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 FIRS STREET be worth now?

8 FIRS STREET might now be worth an estimated £157,731.

This is based on house price inflation of 28.8%, between September 2020 and July 2025, for terraced houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.8% inflationary increase is applied to the most recent sale price for 8 FIRS STREET of £122,500 on 30th September 2020. For the value to have increased from £122,500 to £157,731 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 8 FIRS STREET has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The September 2020 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 8 FIRS STREET has not materially changed since September 2020.

How Large is 8 FIRS STREET?

8 FIRS STREET is 58m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Dudley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dudley, and where 8 FIRS STREET lies on this distribution: 3% of terraced houses houses are smaller than 8 FIRS STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Dudley.

8 FIRS STREET: Plot and Title Map

8 FIRS STREET sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 8 FIRS STREET, 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 8 FIRS STREET). 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 8 FIRS STREET?

8 FIRS STREET is located in DUDLEY, in the DY2 postcode district. The below map shows the position of No. 8 on FIRS STREET.