48A, THE CRESCENT, CRADLEY HEATH, B64 7JS - £437,500

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

48A THE CRESCENT is a very large detached house of 171m², built sometime between 1950 and 1966. It was last sold for £437,500 in August 2023, which was around 31% above the average August 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

48A THE CRESCENT Sold Prices

Land registry data shows four sales for 48A THE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 48A THE CRESCENT sales were 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
2023 4 AUG	£437,500	£334,860	31% above HPI
2013 12 APR	£275,000	£173,388	59% above HPI
2007 30 JUL	£249,950	£195,965	28% above HPI
1998 26 OCT	£88,500	£75,149	18% above HPI

48A THE CRESCENT 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 four 48A THE CRESCENT sales between October 1998 and August 2023 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 2013 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 48A THE CRESCENT?

48A THE CRESCENT is 171m² according to the EPC inspection conducted in February 2023. This puts it in the largest 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 48A THE CRESCENT lies on this distribution: 95% of detached houses are smaller than 48A THE CRESCENT, and 5% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

48A THE CRESCENT: Plot and Title Map

48A THE CRESCENT sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 48A THE CRESCENT, 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 48A THE CRESCENT). 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 48A THE CRESCENT?

48A THE CRESCENT is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 48A on THE CRESCENT.