38, GLEADS CROFT, HALESOWEN, B62 0QA - £253,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

38 GLEADS CROFT is a small extended detached house of 98m², built sometime from 2007 onwards. It was last sold for £253,000 in May 2020, which was around 30% below the average May 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

38 GLEADS CROFT Sold Prices

Land registry data shows two sales for 38 GLEADS CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 38 GLEADS CROFT 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
2020 6 MAY	£253,000	£359,030	30% below HPI
2009 27 NOV	£190,000	£243,491	22% below HPI

38 GLEADS CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 38 GLEADS CROFT sales from November 2009 and May 2020 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 GLEADS CROFT?

38 GLEADS CROFT is 98m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 38 GLEADS CROFT lies on this distribution: 31% of detached houses are smaller than 38 GLEADS CROFT, and 68% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 GLEADS CROFT: Plot and Title Map

38 GLEADS CROFT sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 38 GLEADS CROFT, 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 38 GLEADS CROFT). 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 38 GLEADS CROFT?

38 GLEADS CROFT is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 38 on GLEADS CROFT.