2, ST GILES CLOSE, ROWLEY REGIS, B65 9EL - £212,500

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 ST GILES CLOSE is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £212,500 in November 2021, which was around 29% below the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was B.

2 ST GILES CLOSE Sold Prices

Land registry data shows three sales for 2 ST GILES CLOSE 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 ST GILES CLOSE 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
2021 30 NOV	£212,500	£299,388	29% below HPI
2021 16 JUN	£182,000	£275,906	34% below HPI
2002 14 NOV	£65,000	£122,102	47% below HPI

2 ST GILES CLOSE 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 ST GILES CLOSE sales between November 2002 and November 2021 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 June 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 ST GILES CLOSE?

2 ST GILES CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 2 ST GILES CLOSE lies on this distribution: 10% of detached houses are smaller than 2 ST GILES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

2 ST GILES CLOSE: Plot and Title Map

2 ST GILES CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 ST GILES CLOSE, 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 ST GILES CLOSE). 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 ST GILES CLOSE?

2 ST GILES CLOSE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 2 on ST GILES CLOSE.