16, FARM AVENUE, OLDBURY, B68 8PW - £190,000

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

16 FARM AVENUE is a small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £190,000 in June 2019, which was around 21% below the average June 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

16 FARM AVENUE Sold Prices

Land registry data shows three sales for 16 FARM AVENUE 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 16 FARM AVENUE 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
2019 4 JUN	£190,000	£241,113	21% below HPI
2012 3 JAN	£155,000	£173,235	11% below HPI
2005 14 OCT	£110,000	£179,536	39% below HPI

16 FARM AVENUE 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 16 FARM AVENUE sales between October 2005 and June 2019 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 January 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 FARM AVENUE?

16 FARM AVENUE is 79m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 16 FARM AVENUE lies on this distribution: 24% of detached houses are smaller than 16 FARM AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

16 FARM AVENUE: Plot and Title Map

16 FARM AVENUE sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 16 FARM AVENUE, 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 16 FARM AVENUE). 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 16 FARM AVENUE?

16 FARM AVENUE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 16 on FARM AVENUE.