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
49 TIMBERTREE ROAD is a large extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £305,000 in February 2018, which was around 33% above the average February 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 49 TIMBERTREE ROAD since 1st 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 49 TIMBERTREE 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 |
---|---|---|---|
2018 9 FEB | £305,000 | £228,929 | 33% above HPI |
2005 7 OCT | £210,000 | £179,536 | 17% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 49 TIMBERTREE ROAD sales from October 2005 and February 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 October 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
49 TIMBERTREE ROAD is 109m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 49 TIMBERTREE ROAD lies on this distribution: 62% of detached houses are smaller than 49 TIMBERTREE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.
49 TIMBERTREE ROAD sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 49 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 49 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.
49 TIMBERTREE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 49 on TIMBERTREE ROAD.