36, PEARTREE LANE, CRADLEY HEATH, B64 6EH - £230,000

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

36 PEARTREE LANE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £230,000 in June 2022, which was around 26% below the average June 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

36 PEARTREE LANE Sold Prices

Land registry data shows two sales for 36 PEARTREE LANE 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 36 PEARTREE LANE 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
2022 1 JUN	£230,000	£311,964	26% below HPI
2003 28 NOV	£153,995	£145,771	6% above HPI

36 PEARTREE LANE 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 36 PEARTREE LANE sales from November 2003 and June 2022 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 November 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 36 PEARTREE LANE?

36 PEARTREE LANE is 91m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 36 PEARTREE LANE lies on this distribution: 38% of detached houses are smaller than 36 PEARTREE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

36 PEARTREE LANE: Plot and Title Map

36 PEARTREE LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 36 PEARTREE LANE, 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 36 PEARTREE LANE). 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 36 PEARTREE LANE?

36 PEARTREE LANE is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 36 on PEARTREE LANE.