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

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

56 CAPE STREET is a very large extended detached house of 208m², built sometime between 1900 and 1929. It was last sold for £170,000 in September 2021, which was around 43% 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	£297,231	43% below HPI
2016 2 JUN	£67,500	£207,408	67% below HPI
2002 10 OCT	£79,499	£120,122	34% 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 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the September 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 56 CAPE STREET lies on this distribution: 97% of detached 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 269m². 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.