23, TIMBERTREE ROAD, CRADLEY HEATH, B64 7LE - £235,000

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

23 TIMBERTREE ROAD is a small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £235,000 in August 2017, which was around 5% above the average August 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

23 TIMBERTREE ROAD Sold Prices

Land registry data shows two sales for 23 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 23 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
2017 4 AUG	£235,000	£224,541	5% above HPI
2012 27 JUL	£170,000	£173,998	2% below HPI

23 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 23 TIMBERTREE ROAD sales from July 2012 and August 2017 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 July 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 23 TIMBERTREE ROAD?

23 TIMBERTREE ROAD is 85m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% 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 23 TIMBERTREE ROAD lies on this distribution: 34% of detached houses are smaller than 23 TIMBERTREE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

23 TIMBERTREE ROAD: Plot and Title Map

23 TIMBERTREE ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 23 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 23 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 23 TIMBERTREE ROAD?

23 TIMBERTREE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 23 on TIMBERTREE ROAD.