2, NEWLAND GARDENS, CRADLEY HEATH, B64 7HQ - £250,000

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 NEWLAND GARDENS is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £250,000 in November 2020, which was around 1% below the average November 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 NEWLAND GARDENS Sold Prices

Land registry data shows three sales for 2 NEWLAND GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 2 NEWLAND GARDENS 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
2020 18 NOV	£250,000	£253,652	1% below HPI
2012 8 NOV	£169,000	£177,339	5% below HPI
1995 4 AUG	£64,500	£65,911	2% below HPI

2 NEWLAND GARDENS 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 three 2 NEWLAND GARDENS sales between August 1995 and November 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 November 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 NEWLAND GARDENS?

2 NEWLAND GARDENS is 57m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 NEWLAND GARDENS lies on this distribution: 9% of detached houses are smaller than 2 NEWLAND GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

2 NEWLAND GARDENS: Plot and Title Map

2 NEWLAND GARDENS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 NEWLAND GARDENS, 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 NEWLAND GARDENS). 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 NEWLAND GARDENS?

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