4, HEATH STREET, ROWLEY REGIS, B65 0DG - £165,000

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.

4 HEATH STREET is a very small extended detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £194,673. It was last sold for £165,000 in July 2021, which was around 38% below the average July 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

4 HEATH STREET Sold Prices

Land registry data shows two sales for 4 HEATH STREET 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 HEATH 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
2021 28 JUL	£165,000	£267,878	38% below HPI
2003 14 JAN	£83,495	£118,275	29% below HPI

4 HEATH 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 two 4 HEATH STREET sales from January 2003 and July 2021 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 January 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 HEATH STREET be worth now?

4 HEATH STREET might now be worth an estimated £194,673.

This is based on house price inflation of 18%, between July 2021 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 4 HEATH STREET of £165,000 on 28th July 2021. For the value to have increased from £165,000 to £194,673 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 4 HEATH STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HEATH STREET has not materially changed since July 2021.

How Large is 4 HEATH STREET?

4 HEATH STREET is 66m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Blackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackheath, and where 4 HEATH STREET lies on this distribution: 14% of detached houses houses are smaller than 4 HEATH STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Blackheath.

4 HEATH STREET: Plot and Title Map

4 HEATH STREET sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 4 HEATH 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 4 HEATH 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 4 HEATH STREET?

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