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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 NORTHGATE is a very small extended detached house of 40m², built sometime between 1996 and 2002, which could now be worth an estimated £805,534. It was last sold for £265,000 in July 2002, which was around 155% 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	£103,973	155% above HPI
1999 19 JAN	£190,000	£70,310	170% above HPI
1997 23 DEC	£35,000	£66,400	47% below HPI
1997 22 DEC	£30,000	£66,400	55% 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 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the July 2002 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

What might 8 NORTHGATE be worth now?

8 NORTHGATE might now be worth an estimated £805,534.

This is based on house price inflation of 204%, between July 2002 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 204% inflationary increase is applied to the most recent sale price for 8 NORTHGATE of £265,000 on 12th July 2002. For the value to have increased from £265,000 to £805,534 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of 8 NORTHGATE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2002 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTHGATE has not materially changed since July 2002.

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 houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cradley Heath, and where 8 NORTHGATE lies on this distribution: Less than 1% of detached houses 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.