148, PEL CRESCENT, OLDBURY, B68 8ST - £213,000

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

148 PEL CRESCENT is a small detached house of 91m². It was last sold for £213,000 in June 2020, which was around 11% below the average June 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

148 PEL CRESCENT Sold Prices

Land registry data shows two sales for 148 PEL CRESCENT 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 148 PEL CRESCENT sales was for below the average price, whilst the other was 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
2020 26 JUN	£213,000	£239,846	11% below HPI
2014 21 MAR	£179,995	£167,586	7% above HPI

148 PEL CRESCENT 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 148 PEL CRESCENT sales from March 2014 and June 2020 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 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 148 PEL CRESCENT be worth now?

148 PEL CRESCENT might now be worth an estimated £281,475.

This is based on house price inflation of 32.1%, between June 2020 and December 2024, 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 32.1% inflationary increase is applied to the most recent sale price for 148 PEL CRESCENT of £213,000 on 26th June 2020. For the value to have increased from £213,000 to £281,475 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 148 PEL CRESCENT has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2020 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 148 PEL CRESCENT has not materially changed since June 2020.

How Large is 148 PEL CRESCENT?

148 PEL CRESCENT is 91m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 148 PEL CRESCENT lies on this distribution: 26% of detached houses houses are smaller than 148 PEL CRESCENT, and 73% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

148 PEL CRESCENT: Plot and Title Map

148 PEL CRESCENT sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 148 PEL CRESCENT, 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 148 PEL CRESCENT). 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 148 PEL CRESCENT?

148 PEL CRESCENT is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 148 on PEL CRESCENT.