513, HALESOWEN ROAD, CRADLEY HEATH, B64 7JE - £265,000

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.

513 HALESOWEN ROAD is a very large extended terraced house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £291,401. It was last sold for £265,000 in July 2022, which was around 56% above the average July 2022 terraced price in the Sandwell local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

513 HALESOWEN ROAD Sold Prices

Land registry data shows two sales for 513 HALESOWEN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. One of the two 513 HALESOWEN 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
2022 11 JUL	£265,000	£170,104	56% above HPI
2012 11 JAN	£92,500	£93,006	1% below HPI

513 HALESOWEN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 513 HALESOWEN ROAD sales from January 2012 and July 2022 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 January 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 513 HALESOWEN ROAD be worth now?

513 HALESOWEN ROAD might now be worth an estimated £291,401.

This is based on house price inflation of 10%, between July 2022 and June 2025, for terraced 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 10% inflationary increase is applied to the most recent sale price for 513 HALESOWEN ROAD of £265,000 on 11th July 2022. For the value to have increased from £265,000 to £291,401 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 513 HALESOWEN ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The July 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 513 HALESOWEN ROAD has not materially changed since July 2022.

How Large is 513 HALESOWEN ROAD?

513 HALESOWEN ROAD is 138m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of terraced houses houses in Halesowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halesowen, and where 513 HALESOWEN ROAD lies on this distribution: 82% of terraced houses houses are smaller than 513 HALESOWEN ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

513 HALESOWEN ROAD: Plot and Title Map

513 HALESOWEN ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 513 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 513 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 513 HALESOWEN ROAD?

513 HALESOWEN ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 513 on HALESOWEN ROAD.