15, LOWER CITY ROAD, TIVIDALE, OLDBURY, B69 2HA - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LOWER CITY ROAD is a midsized detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £370,221. It was last sold for £280,000 in November 2020, which was around 17% above the average November 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

15 LOWER CITY ROAD Sold Prices

Land registry data shows three sales for 15 LOWER CITY 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 15 LOWER CITY ROAD 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
2020 6 NOV	£280,000	£239,032	17% above HPI
2008 23 MAY	£248,950	£184,618	35% above HPI
1995 20 OCT	£71,250	£62,607	14% above HPI

15 LOWER CITY 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 15 LOWER CITY ROAD sales between October 1995 and November 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 May 2008 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 15 LOWER CITY ROAD be worth now?

15 LOWER CITY ROAD might now be worth an estimated £370,221.

This is based on house price inflation of 32.2%, between November 2020 and February 2025, 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 32.2% inflationary increase is applied to the most recent sale price for 15 LOWER CITY ROAD of £280,000 on 6th November 2020. For the value to have increased from £280,000 to £370,221 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 LOWER CITY ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The November 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LOWER CITY ROAD has not materially changed since November 2020.

How Large is 15 LOWER CITY ROAD?

15 LOWER CITY ROAD is 100m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowley Regis, and where 15 LOWER CITY ROAD lies on this distribution: 50% of detached houses houses are smaller than 15 LOWER CITY ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

15 LOWER CITY ROAD: Plot and Title Map

15 LOWER CITY ROAD sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 15 LOWER CITY 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 15 LOWER CITY 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 15 LOWER CITY ROAD?

15 LOWER CITY ROAD is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 15 on LOWER CITY ROAD.