41, BANK STREET, WEST BROMWICH, B71 1HF - £300,000

41 BANK STREET is a small detached house of 90m², built sometime from 2007 onwards. It was last sold for £300,000 in May 2023, which was around 7% below the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

41 BANK STREET Sold Prices

Land registry data shows four sales for 41 BANK STREET 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 41 BANK STREET sales were for below the average price, and four 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
2023 31 MAY	£300,000	£324,028	7% below HPI
2021 11 JUN	£223,000	£279,359	20% below HPI
2002 25 OCT	£123,000	£120,122	2% above HPI
2000 23 NOV	£89,950	£85,506	5% above HPI

41 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 four 41 BANK STREET sales between November 2000 and May 2023 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 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 41 BANK STREET?

41 BANK STREET is 90m² according to the EPC inspection conducted in July 2020. 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 41 BANK STREET lies on this distribution: 28% of detached houses are smaller than 41 BANK STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

41 BANK STREET: Plot and Title Map

41 BANK STREET sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 41 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 41 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 41 BANK STREET?

41 BANK STREET is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 41 on BANK STREET.