104, FOREST ROAD, OLDBURY, B68 0EF - £185,000

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

104 FOREST ROAD is a very small detached house of 45m², built sometime between 1996 and 2002. It was last sold for £185,000 in November 2017, which was around 19% below the average November 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

104 FOREST ROAD Sold Prices

Land registry data shows three sales for 104 FOREST 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 104 FOREST 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
2017 10 NOV	£185,000	£229,189	19% below HPI
2006 21 JUL	£165,000	£183,238	10% below HPI
1997 18 APR	£67,500	£69,615	3% below HPI

104 FOREST 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 104 FOREST ROAD sales between April 1997 and November 2017 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 104 FOREST ROAD?

104 FOREST ROAD is 45m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 104 FOREST ROAD lies on this distribution: 1% of detached houses are smaller than 104 FOREST ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

104 FOREST ROAD: Plot and Title Map

104 FOREST ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 104 FOREST 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 104 FOREST 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 104 FOREST ROAD?

104 FOREST ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 104 on FOREST ROAD.