1, SHIRE CLOSE, OLDBURY, B68 8DR - £249,995

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.

1 SHIRE CLOSE is a large detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £466,158. It was last sold for £249,995 in November 2013, which was around 47% above the average November 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

1 SHIRE CLOSE Sold Prices

Land registry data shows two sales for 1 SHIRE CLOSE 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 1 SHIRE CLOSE 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
2013 22 NOV	£249,995	£169,495	47% above HPI
2002 27 MAR	£128,000	£97,213	32% above HPI

1 SHIRE CLOSE 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 1 SHIRE CLOSE sales from March 2002 and November 2013 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 March 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2013 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 1 SHIRE CLOSE be worth now?

1 SHIRE CLOSE might now be worth an estimated £466,158.

This is based on house price inflation of 86.5%, between November 2013 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 86.5% inflationary increase is applied to the most recent sale price for 1 SHIRE CLOSE of £249,995 on 22nd November 2013. For the value to have increased from £249,995 to £466,158 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SHIRE CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The November 2013 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 1 SHIRE CLOSE has not materially changed since November 2013.

How Large is 1 SHIRE CLOSE?

1 SHIRE CLOSE is 110m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where 1 SHIRE CLOSE lies on this distribution: 66% of detached houses houses are smaller than 1 SHIRE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

1 SHIRE CLOSE: Plot and Title Map

1 SHIRE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 1 SHIRE CLOSE, 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 1 SHIRE CLOSE). 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 1 SHIRE CLOSE?

1 SHIRE CLOSE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 1 on SHIRE CLOSE.