14, BANK STREET, WEST BROMWICH, B71 1HF - £166,000

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

14 BANK STREET is a very small detached house of 82m², built sometime from 2007 onwards. It was last sold for £166,000 in May 2016, which was around 19% below the average May 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

14 BANK STREET Sold Prices

Land registry data shows two sales for 14 BANK STREET 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 14 BANK STREET 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
2016 24 MAY	£166,000	£203,744	19% below HPI
2007 12 JUL	£189,995	£195,965	3% below HPI

14 BANK STREET 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 14 BANK STREET sales from July 2007 and May 2016 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 July 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 14 BANK STREET?

14 BANK STREET is 82m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 14 BANK STREET lies on this distribution: 19% of detached houses are smaller than 14 BANK STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

14 BANK STREET: Plot and Title Map

14 BANK STREET sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 14 BANK STREET, 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 14 BANK STREET). 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 14 BANK STREET?

14 BANK STREET is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 14 on BANK STREET.