3, PETFORD STREET, CRADLEY HEATH, B64 6DZ - £105,000

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 PETFORD STREET is a very small detached house of 45m², built sometime between 1983 and 1990. It was last sold for £105,000 in December 2014, which was around 44% below the average December 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was D.

3 PETFORD STREET Sold Prices

Land registry data shows three sales for 3 PETFORD STREET 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 3 PETFORD STREET 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
2014 11 DEC	£105,000	£186,235	44% below HPI
2006 12 MAY	£85,000	£180,927	53% below HPI
2003 29 AUG	£77,995	£143,690	46% below HPI

3 PETFORD STREET 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 PETFORD STREET sales between August 2003 and December 2014 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 May 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 PETFORD STREET?

3 PETFORD STREET is 45m² according to the EPC inspection conducted in August 2015. 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 3 PETFORD STREET lies on this distribution: 1% of detached houses are smaller than 3 PETFORD STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

3 PETFORD STREET: Plot and Title Map

3 PETFORD STREET sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 3 PETFORD STREET, 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 PETFORD STREET). 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 PETFORD STREET?

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