11, THE LENCHES, OLDBURY, B69 1BF - £205,000

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

11 THE LENCHES is a very large detached house of 165m², built sometime from 2007 onwards. It was last sold for £205,000 in December 2015, which was around 2% above the average December 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

11 THE LENCHES Sold Prices

Land registry data shows two sales for 11 THE LENCHES 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. One of the two 11 THE LENCHES sales was for above the average price, whilst the other was 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
2015 15 DEC	£205,000	£201,119	2% above HPI
2005 18 NOV	£174,000	£179,608	3% below HPI

11 THE LENCHES 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 11 THE LENCHES sales from November 2005 and December 2015 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 November 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 11 THE LENCHES?

11 THE LENCHES is 165m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 11 THE LENCHES lies on this distribution: 98% of detached houses are smaller than 11 THE LENCHES, and 2% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

11 THE LENCHES: Plot and Title Map

11 THE LENCHES sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 11 THE LENCHES, 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 THE LENCHES). 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 THE LENCHES?

11 THE LENCHES is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 11 on THE LENCHES.