56, TIMBERTREE ROAD, CRADLEY HEATH, B64 7LF - £382,500

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

56 TIMBERTREE ROAD is a large detached house of 128m², built sometime between 1950 and 1966. It was last sold for £382,500 in January 2019, which was around 57% above the average January 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

56 TIMBERTREE ROAD Sold Prices

Land registry data shows three sales for 56 TIMBERTREE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 56 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
2019 25 JAN	£382,500	£243,561	57% above HPI
2014 24 OCT	£325,000	£186,853	74% above HPI
1998 25 SEP	£107,000	£74,759	43% above HPI

56 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 three 56 TIMBERTREE ROAD sales between September 1998 and January 2019 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 2014 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the January 2019 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 56 TIMBERTREE ROAD?

56 TIMBERTREE ROAD is 128m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% 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 56 TIMBERTREE ROAD lies on this distribution: 79% of detached houses are smaller than 56 TIMBERTREE ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

56 TIMBERTREE ROAD: Plot and Title Map

56 TIMBERTREE ROAD sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 56 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 56 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 56 TIMBERTREE ROAD?

56 TIMBERTREE ROAD is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 56 on TIMBERTREE ROAD.