2, BISHOPS WALK, CRADLEY HEATH, B64 7RH - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BISHOPS WALK is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £290,000 in June 2020, which was around 14% above the average June 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 BISHOPS WALK Sold Prices

Land registry data shows four sales for 2 BISHOPS WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 2 BISHOPS WALK 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
2020 26 JUN	£290,000	£254,516	14% above HPI
2018 17 AUG	£289,000	£243,728	19% above HPI
2002 11 OCT	£171,000	£120,122	42% above HPI
2000 16 JUN	£140,000	£81,367	72% above HPI

2 BISHOPS WALK 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 four 2 BISHOPS WALK sales between June 2000 and June 2020 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 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 BISHOPS WALK?

2 BISHOPS WALK is 105m² according to the EPC inspection conducted in June 2017. This puts it in the largest 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 2 BISHOPS WALK lies on this distribution: 56% of detached houses are smaller than 2 BISHOPS WALK, and 43% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

2 BISHOPS WALK: Plot and Title Map

2 BISHOPS WALK sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 BISHOPS WALK, 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 2 BISHOPS WALK). 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 2 BISHOPS WALK?

2 BISHOPS WALK is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 2 on BISHOPS WALK.