38, WOODHOUSE WAY, CRADLEY HEATH, B64 5EL - £164,000

38 WOODHOUSE WAY is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £164,000 in July 2018, which was around 32% below the average July 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

38 WOODHOUSE WAY Sold Prices

Land registry data shows three sales for 38 WOODHOUSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 38 WOODHOUSE WAY sales were for below the average price, whilst one 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
2018 18 JUL	£164,000	£239,944	32% below HPI
2014 10 JAN	£135,000	£175,045	23% below HPI
1999 23 AUG	£79,950	£76,108	5% above HPI

38 WOODHOUSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 38 WOODHOUSE WAY sales between August 1999 and July 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 January 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 WOODHOUSE WAY?

38 WOODHOUSE WAY is 63m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley Heath, and where 38 WOODHOUSE WAY lies on this distribution: 14% of detached houses are smaller than 38 WOODHOUSE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

38 WOODHOUSE WAY: Plot and Title Map

38 WOODHOUSE WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 38 WOODHOUSE WAY, 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 38 WOODHOUSE WAY). 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 38 WOODHOUSE WAY?

38 WOODHOUSE WAY is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 38 on WOODHOUSE WAY.