12, FORGE WAY, OLDBURY, B69 2JR - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 FORGE WAY is a small semi-detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £322,732. It was last sold for £200,000 in April 2017, which was around 48% above the average April 2017 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

12 FORGE WAY Sold Prices

Land registry data shows two sales for 12 FORGE WAY 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 12 FORGE WAY 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
2017 7 APR	£200,000	£135,393	48% above HPI
1996 1 NOV	£71,000	£42,066	69% above HPI

12 FORGE WAY 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 12 FORGE WAY sales from November 1996 and April 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 November 1996 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the April 2017 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 12 FORGE WAY be worth now?

12 FORGE WAY might now be worth an estimated £322,732.

This is based on house price inflation of 61.4%, between April 2017 and December 2024, 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 61.4% inflationary increase is applied to the most recent sale price for 12 FORGE WAY of £200,000 on 7th April 2017. For the value to have increased from £200,000 to £322,732 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 12 FORGE WAY has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The April 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FORGE WAY has not materially changed since April 2017.

How Large is 12 FORGE WAY?

12 FORGE WAY is 80m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of semi-detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldbury, and where 12 FORGE WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 12 FORGE WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

12 FORGE WAY: Plot and Title Map

12 FORGE WAY sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 12 FORGE WAY, 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 12 FORGE WAY). 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 12 FORGE WAY?

12 FORGE WAY is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 12 on FORGE WAY.