4, BALMORAL WAY, ROWLEY REGIS, B65 9LL - £133,750

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 BALMORAL WAY is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £133,750 in February 2011, which was around 24% below the average February 2011 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

4 BALMORAL WAY Sold Prices

Land registry data shows two sales for 4 BALMORAL WAY 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. Both of the two 4 BALMORAL WAY 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
2011 21 FEB	£133,750	£175,794	24% below HPI
2004 26 FEB	£120,000	£153,569	22% below HPI

4 BALMORAL WAY 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 4 BALMORAL WAY sales from February 2004 and February 2011 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 February 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 BALMORAL WAY?

4 BALMORAL WAY is 70m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 4 BALMORAL WAY lies on this distribution: 9% of detached houses are smaller than 4 BALMORAL WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

4 BALMORAL WAY: Plot and Title Map

4 BALMORAL WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 BALMORAL WAY, 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 4 BALMORAL WAY). 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 4 BALMORAL WAY?

4 BALMORAL WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 4 on BALMORAL WAY.