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
112 PEAR TREE ROAD is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £390,000 in May 2023, which was around 19% above the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 112 PEAR TREE ROAD since 1st 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 112 PEAR TREE ROAD 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 |
---|---|---|---|
2023 10 MAY | £390,000 | £328,159 | 19% above HPI |
2007 28 FEB | £330,000 | £192,582 | 71% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 112 PEAR TREE ROAD sales from February 2007 and May 2023 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 February 2007 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the May 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
112 PEAR TREE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in December 2022. 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 112 PEAR TREE ROAD lies on this distribution: 40% of detached houses are smaller than 112 PEAR TREE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.
112 PEAR TREE ROAD sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 112 PEAR TREE 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 112 PEAR TREE 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.
112 PEAR TREE ROAD is located in GREAT BARR, in the B43 postcode district. The below map shows the position of No. 112 on PEAR TREE ROAD.