8, LANTERN ROAD, DUDLEY, DY2 0DL - £162,500

8 LANTERN ROAD is a very large extended detached house of 167m², built sometime between 1900 and 1929. It was last sold for £162,500 in December 2015, which was around 27% below the average December 2015 detached price in the Dudley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

8 LANTERN ROAD Sold Prices

Land registry data shows two sales for 8 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 8 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
2015 18 DEC	£162,500	£222,742	27% below HPI
1996 27 SEP	£45,500	£76,903	41% below HPI

8 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 8 LANTERN ROAD sales from September 1996 and December 2015 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 September 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 LANTERN ROAD?

8 LANTERN ROAD is 167m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 8 LANTERN ROAD lies on this distribution: 94% of detached houses are smaller than 8 LANTERN ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Dudley.

8 LANTERN ROAD: Plot and Title Map

8 LANTERN ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 8 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 8 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 8 LANTERN ROAD?

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