12, MEADOW ROAD, OLDBURY, B68 8PG - £125,000

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

12 MEADOW ROAD is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £125,000 in August 2014, which was around 31% below the average August 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

12 MEADOW ROAD Sold Prices

Land registry data shows three sales for 12 MEADOW 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 12 MEADOW 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
2014 12 AUG	£125,000	£181,476	31% below HPI
2007 14 DEC	£180,000	£200,576	10% below HPI
2003 15 AUG	£137,500	£143,690	4% below HPI

12 MEADOW 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 12 MEADOW ROAD sales between August 2003 and August 2014 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 December 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 MEADOW ROAD?

12 MEADOW ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 12 MEADOW ROAD lies on this distribution: 80% of detached houses are smaller than 12 MEADOW ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

12 MEADOW ROAD: Plot and Title Map

12 MEADOW ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 12 MEADOW 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 12 MEADOW 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 12 MEADOW ROAD?

12 MEADOW ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 12 on MEADOW ROAD.