39, SILVERTHORNE LANE, CRADLEY HEATH, B64 5AY - £243,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 SILVERTHORNE LANE is a small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £266,001. It was last sold for £243,000 in July 2022, which was around 18% below the average July 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

39 SILVERTHORNE LANE Sold Prices

Land registry data shows two sales for 39 SILVERTHORNE LANE 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 39 SILVERTHORNE LANE sales 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
2022 22 JUL	£243,000	£297,034	18% below HPI
2021 3 AUG	£175,000	£274,226	36% below HPI

39 SILVERTHORNE LANE 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 39 SILVERTHORNE LANE sales from August 2021 and July 2022 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 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 39 SILVERTHORNE LANE be worth now?

39 SILVERTHORNE LANE might now be worth an estimated £266,001.

This is based on house price inflation of 9.5%, between July 2022 and October 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 9.5% inflationary increase is applied to the most recent sale price for 39 SILVERTHORNE LANE of £243,000 on 22nd July 2022. For the value to have increased from £243,000 to £266,001 over the two years and nine months to October 2025, the following assumptions must hold true:

• The value of 39 SILVERTHORNE LANE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2022 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SILVERTHORNE LANE has not materially changed since July 2022.

How Large is 39 SILVERTHORNE LANE?

39 SILVERTHORNE LANE is 84m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% 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 39 SILVERTHORNE LANE lies on this distribution: 33% of detached houses houses are smaller than 39 SILVERTHORNE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

39 SILVERTHORNE LANE: Plot and Title Map

39 SILVERTHORNE LANE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 39 SILVERTHORNE LANE, 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 39 SILVERTHORNE LANE). 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 39 SILVERTHORNE LANE?

39 SILVERTHORNE LANE is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 39 on SILVERTHORNE LANE.