4, THE RETREAT, CRADLEY HEATH, B64 7LD - £167,500

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

4 THE RETREAT is a very small detached house of 44m², built sometime between 1991 and 1995. It was last sold for £167,500 in May 2016, which was around 18% below the average May 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 THE RETREAT Sold Prices

Land registry data shows two sales for 4 THE RETREAT 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 THE RETREAT 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
2016 20 MAY	£167,500	£203,744	18% below HPI
2013 28 OCT	£140,000	£177,664	21% below HPI

4 THE RETREAT 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 THE RETREAT sales from October 2013 and May 2016 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 October 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 THE RETREAT?

4 THE RETREAT is 44m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 4 THE RETREAT lies on this distribution: 1% of detached houses are smaller than 4 THE RETREAT, and 99% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

4 THE RETREAT: Plot and Title Map

4 THE RETREAT sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 4 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

4 THE RETREAT is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 4 on THE RETREAT.