12, WOODHOUSE WAY, CRADLEY HEATH, B64 5EL - £157,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 WOODHOUSE WAY is a midsized detached house of 94m², built sometime between 1996 and 2002. It was last sold for £157,500 in March 2007, which was around 18% below the average March 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

12 WOODHOUSE WAY Sold Prices

Land registry data shows two sales for 12 WOODHOUSE WAY 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 12 WOODHOUSE WAY 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
2007 2 MAR	£157,500	£192,350	18% below HPI
2003 29 AUG	£139,000	£143,690	3% below HPI

12 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 two 12 WOODHOUSE WAY sales from August 2003 and March 2007 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 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 WOODHOUSE WAY?

12 WOODHOUSE WAY is 94m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% 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 12 WOODHOUSE WAY lies on this distribution: 43% of detached houses are smaller than 12 WOODHOUSE WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

12 WOODHOUSE WAY: Plot and Title Map

12 WOODHOUSE WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 12 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 12 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 12 WOODHOUSE WAY?

12 WOODHOUSE WAY is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 12 on WOODHOUSE WAY.