Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
116 HAGLEY ROAD WEST is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £182,000 in May 2019, which was around 25% below the average May 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 116 HAGLEY ROAD WEST since 1st 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. All of the four 116 HAGLEY ROAD WEST 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 |
---|---|---|---|
2019 29 MAY | £182,000 | £242,652 | 25% below HPI |
2013 11 OCT | £121,000 | £177,664 | 32% below HPI |
2001 28 SEP | £83,250 | £95,995 | 13% below HPI |
1996 30 SEP | £66,500 | £69,042 | 4% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 116 HAGLEY ROAD WEST sales between September 1996 and May 2019 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 October 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
116 HAGLEY ROAD WEST is 84m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 116 HAGLEY ROAD WEST lies on this distribution: 15% of detached houses are smaller than 116 HAGLEY ROAD WEST, and 82% of houses are larger. Note that EPC data is not available for all properties in Smethwick.
116 HAGLEY ROAD WEST sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 116 HAGLEY ROAD WEST, 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 116 HAGLEY ROAD WEST). 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.
116 HAGLEY ROAD WEST is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 116 on HAGLEY ROAD WEST.