224, HYDES ROAD, WEST BROMWICH, B71 2ED - £270,000

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

224 HYDES ROAD is a large extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £270,000 in November 2021, which was around 10% below the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

224 HYDES ROAD Sold Prices

Land registry data shows two sales for 224 HYDES 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. Both of the two 224 HYDES 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
2021 26 NOV	£270,000	£299,388	10% below HPI
2018 27 APR	£230,000	£234,112	2% below HPI

224 HYDES 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 224 HYDES ROAD sales from April 2018 and November 2021 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 April 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 224 HYDES ROAD?

224 HYDES ROAD is 116m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 224 HYDES ROAD lies on this distribution: 61% of detached houses are smaller than 224 HYDES ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

224 HYDES ROAD: Plot and Title Map

224 HYDES ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 224 HYDES 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 224 HYDES 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 224 HYDES ROAD?

224 HYDES ROAD is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 224 on HYDES ROAD.