3, BURMESE WAY, ROWLEY REGIS, B65 8QA - £295,000

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

3 BURMESE WAY is a midsized detached house of 96m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2023, which was around 10% below the average March 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

3 BURMESE WAY Sold Prices

Land registry data shows two sales for 3 BURMESE WAY 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. One of the two 3 BURMESE WAY sales was for below the average price, whilst the other was 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
2023 24 MAR	£295,000	£328,904	10% below HPI
1996 28 JUN	£78,487	£66,361	18% above HPI

3 BURMESE 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 two 3 BURMESE WAY sales from June 1996 and March 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 June 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 BURMESE WAY?

3 BURMESE WAY is 96m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 3 BURMESE WAY lies on this distribution: 42% of detached houses are smaller than 3 BURMESE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 BURMESE WAY: Plot and Title Map

3 BURMESE WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 BURMESE 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 3 BURMESE 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 3 BURMESE WAY?

3 BURMESE WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 3 on BURMESE WAY.