204, THIMBLEMILL ROAD, SMETHWICK, B67 6LS - £227,000

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.

204 THIMBLEMILL ROAD is a very small detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £250,617. It was last sold for £227,000 in February 2022, which was around 21% below the average February 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

204 THIMBLEMILL ROAD Sold Prices

Land registry data shows three sales for 204 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. All of the three 204 THIMBLEMILL 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
2022 15 FEB	£227,000	£286,269	21% below HPI
2019 28 NOV	£123,500	£237,309	48% below HPI
2018 1 FEB	£101,000	£215,734	53% below HPI

204 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 204 THIMBLEMILL ROAD sales between February 2018 and February 2022 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 November 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 204 THIMBLEMILL ROAD be worth now?

204 THIMBLEMILL ROAD might now be worth an estimated £250,617.

This is based on house price inflation of 10.4%, between February 2022 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 10.4% inflationary increase is applied to the most recent sale price for 204 THIMBLEMILL ROAD of £227,000 on 15th February 2022. For the value to have increased from £227,000 to £250,617 over the three years to February 2025, the following assumptions must hold true:

• The value of 204 THIMBLEMILL ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2022 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 204 THIMBLEMILL ROAD has not materially changed since February 2022.

How Large is 204 THIMBLEMILL ROAD?

204 THIMBLEMILL ROAD is 69m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 204 THIMBLEMILL ROAD lies on this distribution: 7% of detached houses houses are smaller than 204 THIMBLEMILL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

204 THIMBLEMILL ROAD: Plot and Title Map

204 THIMBLEMILL ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 204 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 204 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 204 THIMBLEMILL ROAD?

204 THIMBLEMILL ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 204 on THIMBLEMILL ROAD.