40, GROVE VALE AVENUE, BIRMINGHAM, B43 6BZ - £205,000

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

40 GROVE VALE AVENUE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £205,000 in August 2016, which was around 3% below the average August 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

40 GROVE VALE AVENUE Sold Prices

Land registry data shows two sales for 40 GROVE VALE AVENUE 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. One of the two 40 GROVE VALE AVENUE sales was for below the average price, whilst the other was for above 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 26 AUG	£205,000	£212,199	3% below HPI
2001 20 APR	£126,000	£88,604	42% above HPI

40 GROVE VALE AVENUE 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 40 GROVE VALE AVENUE sales from April 2001 and August 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 April 2001 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 40 GROVE VALE AVENUE?

40 GROVE VALE AVENUE is 80m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 40 GROVE VALE AVENUE lies on this distribution: 15% of detached houses are smaller than 40 GROVE VALE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

40 GROVE VALE AVENUE: Plot and Title Map

40 GROVE VALE AVENUE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 40 GROVE VALE AVENUE, 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 40 GROVE VALE AVENUE). 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 40 GROVE VALE AVENUE?

40 GROVE VALE AVENUE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 40 on GROVE VALE AVENUE.