2, LABURNUM ROAD, WEDNESBURY, WS10 0PR - £139,950

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

2 LABURNUM ROAD is a very small detached house of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £200,498. It was last sold for £139,950 in May 2018, which was around 37% below the average May 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 LABURNUM ROAD Sold Prices

Land registry data shows two sales for 2 LABURNUM ROAD 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 2 LABURNUM ROAD 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
2018 25 MAY	£139,950	£221,236	37% below HPI
2003 28 APR	£76,000	£123,650	39% below HPI

2 LABURNUM 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 two 2 LABURNUM ROAD sales from April 2003 and May 2018 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 April 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 LABURNUM ROAD be worth now?

2 LABURNUM ROAD might now be worth an estimated £200,498.

This is based on house price inflation of 43.3%, between May 2018 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 43.3% inflationary increase is applied to the most recent sale price for 2 LABURNUM ROAD of £139,950 on 25th May 2018. For the value to have increased from £139,950 to £200,498 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 2 LABURNUM ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2018 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 2 LABURNUM ROAD has not materially changed since May 2018.

How Large is 2 LABURNUM ROAD?

2 LABURNUM ROAD is 64m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 2 LABURNUM ROAD lies on this distribution: 5% of detached houses houses are smaller than 2 LABURNUM ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

2 LABURNUM ROAD: Plot and Title Map

2 LABURNUM ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 LABURNUM 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 2 LABURNUM 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 2 LABURNUM ROAD?

2 LABURNUM ROAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 2 on LABURNUM ROAD.