16, SUFFOLK CLOSE, OLDBURY, B68 8RP - £310,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

16 SUFFOLK CLOSE is a small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £310,000 in November 2022, which was around 7% below the average November 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

16 SUFFOLK CLOSE Sold Prices

Land registry data shows two sales for 16 SUFFOLK CLOSE 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. Both of the two 16 SUFFOLK CLOSE 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
2022 22 NOV	£310,000	£333,432	7% below HPI
2020 20 JAN	£220,000	£251,367	12% below HPI

16 SUFFOLK CLOSE 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 16 SUFFOLK CLOSE sales from January 2020 and November 2022 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 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 SUFFOLK CLOSE?

16 SUFFOLK CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 SUFFOLK CLOSE lies on this distribution: 21% of detached houses are smaller than 16 SUFFOLK CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

16 SUFFOLK CLOSE: Plot and Title Map

16 SUFFOLK CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 16 SUFFOLK 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 16 SUFFOLK 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.

Where is 16 SUFFOLK CLOSE?

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