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

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.

38 GLEADS CROFT is a small extended detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £311,814. It was last sold for £253,000 in May 2020, which was around 28% 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	£352,104	28% below HPI
2009 27 NOV	£190,000	£238,794	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 38 GLEADS CROFT be worth now?

38 GLEADS CROFT might now be worth an estimated £311,814.

This is based on house price inflation of 23.2%, between May 2020 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.2% inflationary increase is applied to the most recent sale price for 38 GLEADS CROFT of £253,000 on 6th May 2020. For the value to have increased from £253,000 to £311,814 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 38 GLEADS CROFT has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2020 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GLEADS CROFT has not materially changed since May 2020.

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 houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 38 GLEADS CROFT lies on this distribution: 31% of detached houses 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.