10, LUDGATE CLOSE, TIVIDALE, OLDBURY, B69 1NY - £340,000

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.

10 LUDGATE CLOSE is a midsized semi-detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £369,578. It was last sold for £340,000 in July 2022, which was around 70% above the average July 2022 semi-detached 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 B.

10 LUDGATE CLOSE Sold Prices

Land registry data shows two sales for 10 LUDGATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 10 LUDGATE 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
2022 29 JUL	£340,000	£199,930	70% above HPI
2002 4 OCT	£150,500	£70,518	113% above HPI

10 LUDGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 10 LUDGATE CLOSE sales from October 2002 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 October 2002 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the July 2022 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 10 LUDGATE CLOSE be worth now?

10 LUDGATE CLOSE might now be worth an estimated £369,578.

This is based on house price inflation of 8.7%, between July 2022 and February 2025, for semi-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 8.7% inflationary increase is applied to the most recent sale price for 10 LUDGATE CLOSE of £340,000 on 29th July 2022. For the value to have increased from £340,000 to £369,578 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 10 LUDGATE CLOSE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LUDGATE CLOSE has not materially changed since July 2022.

How Large is 10 LUDGATE CLOSE?

10 LUDGATE CLOSE is 105m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of semi-detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowley Regis, and where 10 LUDGATE CLOSE lies on this distribution: 57% of semi-detached houses houses are smaller than 10 LUDGATE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

10 LUDGATE CLOSE: Plot and Title Map

10 LUDGATE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 10 LUDGATE 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 10 LUDGATE 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 10 LUDGATE CLOSE?

10 LUDGATE CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 10 on LUDGATE CLOSE.