2, GROVE VALE AVENUE, BIRMINGHAM, B43 6BZ - £343,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GROVE VALE AVENUE is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £502,498. It was last sold for £343,000 in February 2018, which was around 59% above the average February 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

2 GROVE VALE AVENUE Sold Prices

Land registry data shows two sales for 2 GROVE VALE AVENUE 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 2 GROVE VALE AVENUE 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
2018 27 FEB	£343,000	£215,734	59% above HPI
1995 25 AUG	£102,000	£62,112	64% above HPI

2 GROVE VALE AVENUE 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 2 GROVE VALE AVENUE sales from August 1995 and February 2018 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 1995 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the February 2018 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 2 GROVE VALE AVENUE be worth now?

2 GROVE VALE AVENUE might now be worth an estimated £502,498.

This is based on house price inflation of 46.5%, between February 2018 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.5% inflationary increase is applied to the most recent sale price for 2 GROVE VALE AVENUE of £343,000 on 27th February 2018. For the value to have increased from £343,000 to £502,498 over the seven years to February 2025, the following assumptions must hold true:

• The value of 2 GROVE VALE AVENUE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2018 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVE VALE AVENUE has not materially changed since February 2018.

How Large is 2 GROVE VALE AVENUE?

2 GROVE VALE AVENUE is 132m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 2 GROVE VALE AVENUE lies on this distribution: 77% of detached houses houses are smaller than 2 GROVE VALE AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

2 GROVE VALE AVENUE: Plot and Title Map

2 GROVE VALE AVENUE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 2 GROVE VALE AVENUE, 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 GROVE VALE AVENUE). 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 GROVE VALE AVENUE?

2 GROVE VALE AVENUE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 2 on GROVE VALE AVENUE.