2, MAYFLY CLOSE, OLDBURY, B69 2GQ - £222,000

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 MAYFLY CLOSE is a midsized detached house of 102m², which could now be worth an estimated £342,200. It was last sold for £222,000 in May 2017, which was around 8% above the average May 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

2 MAYFLY CLOSE Sold Prices

Land registry data shows two sales for 2 MAYFLY 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 2 MAYFLY 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
2017 10 MAY	£222,000	£205,620	8% above HPI
2013 2 AUG	£198,500	£163,184	22% above HPI

2 MAYFLY 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 2 MAYFLY CLOSE sales from August 2013 and May 2017 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 August 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 MAYFLY CLOSE be worth now?

2 MAYFLY CLOSE might now be worth an estimated £342,200.

This is based on house price inflation of 54.1%, between May 2017 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 54.1% inflationary increase is applied to the most recent sale price for 2 MAYFLY CLOSE of £222,000 on 10th May 2017. For the value to have increased from £222,000 to £342,200 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 2 MAYFLY CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYFLY CLOSE has not materially changed since May 2017.

How Large is 2 MAYFLY CLOSE?

2 MAYFLY CLOSE is 102m² according to the EPC inspection conducted in February 2013. 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 2 MAYFLY CLOSE lies on this distribution: 52% of detached houses houses are smaller than 2 MAYFLY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

2 MAYFLY CLOSE: Plot and Title Map

2 MAYFLY CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 2 MAYFLY 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 2 MAYFLY 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 2 MAYFLY CLOSE?

2 MAYFLY CLOSE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 2 on MAYFLY CLOSE.