70, HOBS ROAD, WEDNESBURY, WS10 9BW - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

70 HOBS ROAD is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £170,000 in November 2014, which was around 8% below the average November 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was D.

70 HOBS ROAD Sold Prices

Land registry data shows two sales for 70 HOBS 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 70 HOBS 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
2014 7 NOV	£170,000	£185,267	8% below HPI
2010 23 JUL	£135,000	£182,058	26% below HPI

70 HOBS 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 70 HOBS ROAD sales from July 2010 and November 2014 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 July 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 70 HOBS ROAD?

70 HOBS ROAD is 78m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 70 HOBS ROAD lies on this distribution: 17% of detached houses are smaller than 70 HOBS ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

70 HOBS ROAD: Plot and Title Map

70 HOBS ROAD sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 70 HOBS 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 70 HOBS 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 70 HOBS ROAD?

70 HOBS ROAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 70 on HOBS ROAD.