2, SEVERN RISE, ROWLEY REGIS, B65 8BQ - £240,000

2 SEVERN RISE is a large extended detached house of 130m², built sometime from 2007 onwards. It was last sold for £240,000 in May 2012, which was around 38% above the average May 2012 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.

2 SEVERN RISE Sold Prices

Land registry data shows two sales for 2 SEVERN RISE 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. Both of the two 2 SEVERN RISE sales were 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
2012 31 MAY	£240,000	£173,423	38% above HPI
2008 17 DEC	£247,500	£174,290	42% above HPI

2 SEVERN RISE 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 2 SEVERN RISE sales from December 2008 and May 2012 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 December 2008 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2012 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 SEVERN RISE?

2 SEVERN RISE is 130m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in Blackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Blackheath, and where 2 SEVERN RISE lies on this distribution: 73% of detached houses are smaller than 2 SEVERN RISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Blackheath.

2 SEVERN RISE: Plot and Title Map

2 SEVERN RISE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 SEVERN RISE, 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 2 SEVERN RISE). 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 2 SEVERN RISE?

2 SEVERN RISE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 2 on SEVERN RISE.