27, BALMORAL WAY, ROWLEY REGIS, B65 9LL - £222,000

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

27 BALMORAL WAY is a small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £222,000 in September 2023, which was around 34% below the average September 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

27 BALMORAL WAY Sold Prices

Land registry data shows three sales for 27 BALMORAL WAY 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 27 BALMORAL WAY 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
2023 15 SEP	£222,000	£336,526	34% below HPI
2014 26 SEP	£147,600	£181,378	19% below HPI
1999 5 NOV	£70,000	£79,599	12% below HPI

27 BALMORAL WAY 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 27 BALMORAL WAY sales between November 1999 and September 2023 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 September 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 27 BALMORAL WAY?

27 BALMORAL WAY is 81m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 27 BALMORAL WAY lies on this distribution: 23% of detached houses are smaller than 27 BALMORAL WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

27 BALMORAL WAY: Plot and Title Map

27 BALMORAL WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 27 BALMORAL WAY, 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 27 BALMORAL WAY). 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 27 BALMORAL WAY?

27 BALMORAL WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 27 on BALMORAL WAY.