113, TOWER ROAD, TIVIDALE, OLDBURY, B69 1NH - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

113 TOWER ROAD is a midsized detached house of 96m², built sometime between 1950 and 1966. It was last sold for £195,000 in September 2016, which was around 8% below the average September 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

113 TOWER ROAD Sold Prices

Land registry data shows four sales for 113 TOWER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The four 113 TOWER ROAD sales were a mix of below the average price, and roughly equal to 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
2016 16 SEP	£195,000	£212,885	8% below HPI
2007 13 FEB	£180,000	£192,582	7% below HPI
2003 11 SEP	£145,000	£145,385	Close to HPI
1999 29 OCT	£75,000	£78,166	4% below HPI

113 TOWER 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 four 113 TOWER ROAD sales between October 1999 and September 2016 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 February 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 113 TOWER ROAD?

113 TOWER ROAD is 96m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 113 TOWER ROAD lies on this distribution: 42% of detached houses are smaller than 113 TOWER ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

113 TOWER ROAD: Plot and Title Map

113 TOWER ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 113 TOWER 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 113 TOWER 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 113 TOWER ROAD?

113 TOWER ROAD is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 113 on TOWER ROAD.