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
72 BEARMORE ROAD is a midsized detached house of 95m², built sometime between 2003 and 2006. It was last sold for £110,000 in February 2018, which was around 52% below the average February 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 72 BEARMORE ROAD since 1st 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 72 BEARMORE ROAD sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2018 15 FEB | £110,000 | £228,929 | 52% below HPI |
2003 29 AUG | £142,995 | £143,690 | Close to HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 72 BEARMORE ROAD sales from August 2003 and February 2018 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 August 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2018 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
72 BEARMORE ROAD is 95m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 72 BEARMORE ROAD lies on this distribution: 43% of detached houses are smaller than 72 BEARMORE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.
72 BEARMORE ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 72 BEARMORE ROAD, 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 72 BEARMORE ROAD). 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.
72 BEARMORE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 72 on BEARMORE ROAD.