15, TIMBERTREE ROAD, CRADLEY HEATH, B64 7LE - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 TIMBERTREE ROAD is a very large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £330,000 in February 2018, which was around 44% above the average February 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

15 TIMBERTREE ROAD Sold Prices

Land registry data shows two sales for 15 TIMBERTREE 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 Sandwell local authority area for the corresponding sale date. One of the two 15 TIMBERTREE ROAD sales was for above the average price, whilst the other was 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
2018 12 FEB	£330,000	£228,929	44% above HPI
1996 19 DEC	£64,000	£70,602	9% below HPI

15 TIMBERTREE ROAD 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 15 TIMBERTREE ROAD sales from December 1996 and February 2018 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 December 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 15 TIMBERTREE ROAD?

15 TIMBERTREE ROAD is 144m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley Heath, and where 15 TIMBERTREE ROAD lies on this distribution: 88% of detached houses are smaller than 15 TIMBERTREE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

15 TIMBERTREE ROAD: Plot and Title Map

15 TIMBERTREE ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 TIMBERTREE 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 15 TIMBERTREE 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 15 TIMBERTREE ROAD?

15 TIMBERTREE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 15 on TIMBERTREE ROAD.