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
15 SPEAKERS CLOSE is a very large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £310,000 in January 2021, which was around 17% above the average January 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 SPEAKERS CLOSE since 1st 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. All of the four 15 SPEAKERS CLOSE 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 |
---|---|---|---|
2021 28 JAN | £310,000 | £265,168 | 17% above HPI |
2006 25 MAY | £190,000 | £180,927 | 5% above HPI |
2003 3 OCT | £180,000 | £146,191 | 23% above HPI |
2001 21 DEC | £135,500 | £96,828 | 40% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 15 SPEAKERS CLOSE sales between December 2001 and January 2021 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
15 SPEAKERS CLOSE is 126m² according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 15 SPEAKERS CLOSE lies on this distribution: 88% of detached houses are smaller than 15 SPEAKERS CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.
15 SPEAKERS CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 15 SPEAKERS CLOSE, 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 SPEAKERS CLOSE). 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.
15 SPEAKERS CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 15 on SPEAKERS CLOSE.