1, PEVERIL WAY, BIRMINGHAM, B43 6ER - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PEVERIL WAY is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £285,000 in November 2019, which was around 13% above the average November 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

1 PEVERIL WAY Sold Prices

Land registry data shows three sales for 1 PEVERIL 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. All of the three 1 PEVERIL WAY sales were 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
2019 15 NOV	£285,000	£251,824	13% above HPI
1996 23 DEC	£86,000	£70,602	22% above HPI
1996 31 JUL	£90,000	£66,738	35% above HPI

1 PEVERIL 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 1 PEVERIL WAY sales between July 1996 and November 2019 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 December 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 PEVERIL WAY?

1 PEVERIL WAY is 94m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 1 PEVERIL WAY lies on this distribution: 34% of detached houses are smaller than 1 PEVERIL WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

1 PEVERIL WAY: Plot and Title Map

1 PEVERIL WAY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1 PEVERIL 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 1 PEVERIL 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 1 PEVERIL WAY?

1 PEVERIL WAY is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 1 on PEVERIL WAY.