11, GROVE ROAD, OLDBURY, B68 9JL - £427,000

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.

11 GROVE ROAD is a large extended detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £533,899. It was last sold for £427,000 in March 2021, which was around 69% above the average March 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

11 GROVE ROAD Sold Prices

Land registry data shows three sales for 11 GROVE 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 11 GROVE 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
2021 19 MAR	£427,000	£252,771	69% above HPI
2019 26 MAR	£340,000	£231,675	47% above HPI
1995 15 NOV	£97,500	£62,224	57% above HPI

11 GROVE 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 11 GROVE ROAD sales between November 1995 and March 2021 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 2019 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2021 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 11 GROVE ROAD be worth now?

11 GROVE ROAD might now be worth an estimated £533,899.

This is based on house price inflation of 25%, between March 2021 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 25% inflationary increase is applied to the most recent sale price for 11 GROVE ROAD of £427,000 on 19th March 2021. For the value to have increased from £427,000 to £533,899 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 11 GROVE ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2021 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GROVE ROAD has not materially changed since March 2021.

How Large is 11 GROVE ROAD?

11 GROVE ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in January 2019. 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 11 GROVE ROAD lies on this distribution: 64% of detached houses houses are smaller than 11 GROVE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

11 GROVE ROAD: Plot and Title Map

11 GROVE ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 11 GROVE 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 11 GROVE 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 11 GROVE ROAD?

11 GROVE ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 11 on GROVE ROAD.