196, THIMBLEMILL ROAD, SMETHWICK, B67 6LS - £156,000

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.

196 THIMBLEMILL ROAD is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £291,545. It was last sold for £156,000 in July 2014, which was around 8% below the average July 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

196 THIMBLEMILL ROAD Sold Prices

Land registry data shows three sales for 196 THIMBLEMILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 196 THIMBLEMILL ROAD sales were for below the average price, whilst one was 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
2014 25 JUL	£156,000	£169,113	8% below HPI
2005 23 MAY	£182,000	£162,915	12% above HPI
1998 21 AUG	£57,000	£71,295	20% below HPI

196 THIMBLEMILL 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 three 196 THIMBLEMILL ROAD sales between August 1998 and July 2014 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 May 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 196 THIMBLEMILL ROAD be worth now?

196 THIMBLEMILL ROAD might now be worth an estimated £291,545.

This is based on house price inflation of 86.9%, between July 2014 and February 2025, for detached 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 86.9% inflationary increase is applied to the most recent sale price for 196 THIMBLEMILL ROAD of £156,000 on 25th July 2014. For the value to have increased from £156,000 to £291,545 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 196 THIMBLEMILL ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2014 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 196 THIMBLEMILL ROAD has not materially changed since July 2014.

How Large is 196 THIMBLEMILL ROAD?

196 THIMBLEMILL ROAD is 76m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 196 THIMBLEMILL ROAD lies on this distribution: 10% of detached houses houses are smaller than 196 THIMBLEMILL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

196 THIMBLEMILL ROAD: Plot and Title Map

196 THIMBLEMILL ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 196 THIMBLEMILL 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 196 THIMBLEMILL 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 196 THIMBLEMILL ROAD?

196 THIMBLEMILL ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 196 on THIMBLEMILL ROAD.