340, HALESOWEN ROAD, CRADLEY HEATH, B64 7JT - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

340 HALESOWEN ROAD is a large extended detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £475,230. It was last sold for £295,000 in July 2016, which was around 50% above the average July 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

340 HALESOWEN ROAD Sold Prices

Land registry data shows two sales for 340 HALESOWEN 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 340 HALESOWEN ROAD sales were 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
2016 8 JUL	£295,000	£196,190	50% above HPI
2001 9 APR	£135,000	£83,497	62% above HPI

340 HALESOWEN 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 340 HALESOWEN ROAD sales from April 2001 and July 2016 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 2001 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the July 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 340 HALESOWEN ROAD be worth now?

340 HALESOWEN ROAD might now be worth an estimated £475,230.

This is based on house price inflation of 61.1%, between July 2016 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 61.1% inflationary increase is applied to the most recent sale price for 340 HALESOWEN ROAD of £295,000 on 8th July 2016. For the value to have increased from £295,000 to £475,230 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 340 HALESOWEN ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 340 HALESOWEN ROAD has not materially changed since July 2016.

How Large is 340 HALESOWEN ROAD?

340 HALESOWEN ROAD is 126m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cradley Heath, and where 340 HALESOWEN ROAD lies on this distribution: 79% of detached houses houses are smaller than 340 HALESOWEN ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

340 HALESOWEN ROAD: Plot and Title Map

340 HALESOWEN ROAD sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 340 HALESOWEN 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 340 HALESOWEN 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 340 HALESOWEN ROAD?

340 HALESOWEN ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 340 on HALESOWEN ROAD.