3, LEE ROAD, CRADLEY HEATH, B64 7HS - £170,000

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.

3 LEE ROAD is a midsized extended detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £274,894. It was last sold for £170,000 in June 2016, which was around 13% below the average June 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

3 LEE ROAD Sold Prices

Land registry data shows three sales for 3 LEE ROAD 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. Two of the three 3 LEE ROAD sales were for below the average price, whilst one 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
2016 14 JUN	£170,000	£195,453	13% below HPI
2012 22 OCT	£160,000	£164,934	3% below HPI
2000 26 MAY	£119,000	£75,048	59% above HPI

3 LEE ROAD 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 3 LEE ROAD sales between May 2000 and June 2016 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 October 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 LEE ROAD be worth now?

3 LEE ROAD might now be worth an estimated £274,894.

This is based on house price inflation of 61.7%, between June 2016 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 61.7% inflationary increase is applied to the most recent sale price for 3 LEE ROAD of £170,000 on 14th June 2016. For the value to have increased from £170,000 to £274,894 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 LEE ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEE ROAD has not materially changed since June 2016.

How Large is 3 LEE ROAD?

3 LEE ROAD is 104m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cradley Heath, and where 3 LEE ROAD lies on this distribution: 55% of detached houses houses are smaller than 3 LEE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

3 LEE ROAD: Plot and Title Map

3 LEE ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 LEE ROAD, 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 LEE ROAD). 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 LEE ROAD?

3 LEE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 3 on LEE ROAD.