8, NORTHGATE, CRADLEY HEATH, B64 6AT - £265,000

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

8 NORTHGATE is a very small extended detached house of 40m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2002, which was around 140% above the average July 2002 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

8 NORTHGATE Sold Prices

Land registry data shows four sales for 8 NORTHGATE 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. two of the four 8 NORTHGATE sales were for above the average price, and four 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
2002 12 JUL	£265,000	£110,333	140% above HPI
1999 19 JAN	£190,000	£74,610	155% above HPI
1997 23 DEC	£35,000	£70,461	50% below HPI
1997 22 DEC	£30,000	£70,461	57% below HPI

8 NORTHGATE 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 8 NORTHGATE sales between December 1997 and July 2002 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 January 1999 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the July 2002 sale, where it falls to 140% above the HPI. The line then continues to track at 140% above the HPI.

How Large is 8 NORTHGATE?

8 NORTHGATE is 40m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 8 NORTHGATE lies on this distribution: Less than 1% of detached houses are smaller than 8 NORTHGATE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

8 NORTHGATE: Plot and Title Map

8 NORTHGATE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 8 NORTHGATE, 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 NORTHGATE). 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 NORTHGATE?

8 NORTHGATE is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 8 on NORTHGATE.