8, WYCHERLEY WAY, CRADLEY HEATH, B64 6DA - £116,500

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.

8 WYCHERLEY WAY is a very small terraced house of 48m², built sometime between 2003 and 2006, which could now be worth an estimated £163,191. It was last sold for £116,500 in October 2020, which was around 13% below the average October 2020 terraced price in the Sandwell local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

8 WYCHERLEY WAY Sold Prices

Land registry data shows four sales for 8 WYCHERLEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the four 8 WYCHERLEY WAY 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
2020 30 OCT	£116,500	£133,533	13% below HPI
2019 10 JAN	£97,500	£127,588	24% below HPI
2007 26 FEB	£102,000	£106,420	4% below HPI
2004 26 NOV	£82,995	£92,218	10% below HPI

8 WYCHERLEY WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The four 8 WYCHERLEY WAY sales between November 2004 and October 2020 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 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 WYCHERLEY WAY be worth now?

8 WYCHERLEY WAY might now be worth an estimated £163,191.

This is based on house price inflation of 40.1%, between October 2020 and June 2025, for terraced 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 40.1% inflationary increase is applied to the most recent sale price for 8 WYCHERLEY WAY of £116,500 on 30th October 2020. For the value to have increased from £116,500 to £163,191 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 8 WYCHERLEY WAY has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The October 2020 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WYCHERLEY WAY has not materially changed since October 2020.

How Large is 8 WYCHERLEY WAY?

8 WYCHERLEY WAY is 48m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Cradley Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cradley Heath, and where 8 WYCHERLEY WAY lies on this distribution: 3% of terraced houses houses are smaller than 8 WYCHERLEY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

8 WYCHERLEY WAY: Plot and Title Map

8 WYCHERLEY WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 8 WYCHERLEY WAY, 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 WYCHERLEY WAY). 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 WYCHERLEY WAY?

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