136, PARK ROAD, HALESOWEN, B63 2NR - £135,000

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.

136 PARK ROAD is a very small detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £225,909. It was last sold for £135,000 in March 2008, which was around 35% below the average March 2008 detached price in the Dudley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

136 PARK ROAD Sold Prices

Land registry data shows two sales for 136 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 136 PARK ROAD 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
2008 20 MAR	£135,000	£208,593	35% below HPI
2007 14 JUN	£149,500	£207,622	28% below HPI

136 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 136 PARK ROAD sales from June 2007 and March 2008 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2008 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 136 PARK ROAD be worth now?

136 PARK ROAD might now be worth an estimated £225,909.

This is based on house price inflation of 67.3%, between March 2008 and March 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.3% inflationary increase is applied to the most recent sale price for 136 PARK ROAD of £135,000 on 20th March 2008. For the value to have increased from £135,000 to £225,909 over the seventeen years to March 2025, the following assumptions must hold true:

• The value of 136 PARK ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The March 2008 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 136 PARK ROAD has not materially changed since March 2008.

How Large is 136 PARK ROAD?

136 PARK ROAD is 53m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 136 PARK ROAD lies on this distribution: 3% of detached houses houses are smaller than 136 PARK ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

136 PARK ROAD: Plot and Title Map

136 PARK ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 136 PARK ROAD, 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 136 PARK ROAD). 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 136 PARK ROAD?

136 PARK ROAD is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 136 on PARK ROAD.