1, PERRY PLACE, WEST BROMWICH, B70 0PE - £275,500

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.

1 PERRY PLACE is a small detached house of 98m², which could now be worth an estimated £289,783. It was last sold for £275,500 in August 2022, which was around 8% below the average August 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

1 PERRY PLACE Sold Prices

Land registry data shows two sales for 1 PERRY PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 1 PERRY PLACE 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
2022 17 AUG	£275,500	£300,474	8% below HPI
2017 25 AUG	£207,950	£211,599	2% below HPI

1 PERRY PLACE 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 two 1 PERRY PLACE sales from August 2017 and August 2022 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 August 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 PERRY PLACE be worth now?

1 PERRY PLACE might now be worth an estimated £289,783.

This is based on house price inflation of 5.2%, between August 2022 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 1 PERRY PLACE of £275,500 on 17th August 2022. For the value to have increased from £275,500 to £289,783 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 PERRY PLACE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2022 sale price of £275,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PERRY PLACE has not materially changed since August 2022.

How Large is 1 PERRY PLACE?

1 PERRY PLACE is 98m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 1 PERRY PLACE lies on this distribution: 37% of detached houses houses are smaller than 1 PERRY PLACE, and 61% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

1 PERRY PLACE: Plot and Title Map

1 PERRY PLACE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 PERRY PLACE, 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 1 PERRY PLACE). 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 1 PERRY PLACE?

1 PERRY PLACE is located in WEST BROMWICH, in the B70 postcode district. The below map shows the position of No. 1 on PERRY PLACE.