8, BANK STREET, WEST BROMWICH, B71 1HF - £206,500

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

8 BANK STREET is a small extended detached house of 88m², built sometime between 2003 and 2006. It was last sold for £206,500 in January 2024, which was around 37% below the average January 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

8 BANK STREET Sold Prices

Land registry data shows two sales for 8 BANK STREET 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 8 BANK STREET 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
2024 31 JAN	£206,500	£330,262	37% below HPI
2007 29 JUN	£200,000	£193,788	3% above HPI

8 BANK 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 two 8 BANK STREET sales from June 2007 and January 2024 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 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 BANK STREET?

8 BANK STREET is 88m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 8 BANK STREET lies on this distribution: 26% of detached houses are smaller than 8 BANK STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

8 BANK STREET: Plot and Title Map

8 BANK STREET sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 8 BANK 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 8 BANK 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 8 BANK STREET?

8 BANK STREET is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 8 on BANK STREET.