2B, WOODLAND ROAD, HALESOWEN, B62 8JT - £167,000

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.

2B WOODLAND ROAD is a very small detached house of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £230,152. It was last sold for £167,000 in July 2018, which was around 34% below the average July 2018 detached price in the Dudley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2B WOODLAND ROAD Sold Prices

Land registry data shows two sales for 2B WOODLAND 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 Dudley local authority area for the corresponding sale date. Both of the two 2B WOODLAND 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
2018 20 JUL	£167,000	£252,844	34% below HPI
1996 25 APR	£67,000	£74,212	10% below HPI

2B WOODLAND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 2B WOODLAND ROAD sales from April 1996 and July 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 April 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2B WOODLAND ROAD be worth now?

2B WOODLAND ROAD might now be worth an estimated £230,152.

This is based on house price inflation of 37.8%, between July 2018 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 2B WOODLAND ROAD of £167,000 on 20th July 2018. For the value to have increased from £167,000 to £230,152 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2B WOODLAND ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The July 2018 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 2B WOODLAND ROAD has not materially changed since July 2018.

How Large is 2B WOODLAND ROAD?

2B WOODLAND ROAD is 43m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 2B WOODLAND ROAD lies on this distribution: 1% of detached houses houses are smaller than 2B WOODLAND ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

2B WOODLAND ROAD: Plot and Title Map

2B WOODLAND ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2B WOODLAND 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 2B WOODLAND 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 2B WOODLAND ROAD?

2B WOODLAND ROAD is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 2B on WOODLAND ROAD.