56, CAPE STREET, WEST BROMWICH, B70 0HB - £170,000

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.

56 CAPE STREET is a very large extended detached house of 208m², built sometime between 1900 and 1929, which could now be worth an estimated £191,821. It was last sold for £170,000 in September 2021, which was around 39% below the average September 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

56 CAPE STREET Sold Prices

Land registry data shows three sales for 56 CAPE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 56 CAPE 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 29 SEP	£170,000	£280,099	39% below HPI
2016 2 JUN	£67,500	£195,453	65% below HPI
2002 10 OCT	£79,499	£113,199	30% below HPI

56 CAPE 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 three 56 CAPE STREET sales between October 2002 and September 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 June 2016 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the September 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 56 CAPE STREET be worth now?

56 CAPE STREET might now be worth an estimated £191,821.

This is based on house price inflation of 12.8%, between September 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 12.8% inflationary increase is applied to the most recent sale price for 56 CAPE STREET of £170,000 on 29th September 2021. For the value to have increased from £170,000 to £191,821 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 56 CAPE STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The September 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 56 CAPE STREET has not materially changed since September 2021.

How Large is 56 CAPE STREET?

56 CAPE STREET is 208m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 56 CAPE STREET lies on this distribution: 97% of detached houses houses are smaller than 56 CAPE STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

56 CAPE STREET: Plot and Title Map

56 CAPE STREET sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 56 CAPE 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 56 CAPE 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 56 CAPE STREET?

56 CAPE STREET is located in WEST BROMWICH, in the B70 postcode district. The below map shows the position of No. 56 on CAPE STREET.