2, SPEAKERS CLOSE, TIVIDALE, OLDBURY, B69 1UX - £340,000

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 SPEAKERS CLOSE is a large detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £418,661. It was last sold for £340,000 in May 2021, which was around 32% above the average May 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 SPEAKERS CLOSE Sold Prices

Land registry data shows three sales for 2 SPEAKERS CLOSE 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 2 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 6 MAY	£340,000	£256,670	32% above HPI
2003 6 OCT	£189,000	£137,765	37% above HPI
2002 30 APR	£142,500	£100,083	42% above HPI

2 SPEAKERS 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 three 2 SPEAKERS CLOSE sales between April 2002 and May 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 October 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 SPEAKERS CLOSE be worth now?

2 SPEAKERS CLOSE might now be worth an estimated £418,661.

This is based on house price inflation of 23.1%, between May 2021 and February 2025, 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 23.1% inflationary increase is applied to the most recent sale price for 2 SPEAKERS CLOSE of £340,000 on 6th May 2021. For the value to have increased from £340,000 to £418,661 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 SPEAKERS CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPEAKERS CLOSE has not materially changed since May 2021.

How Large is 2 SPEAKERS CLOSE?

2 SPEAKERS CLOSE is 118m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 SPEAKERS CLOSE lies on this distribution: 80% of detached houses houses are smaller than 2 SPEAKERS CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

2 SPEAKERS CLOSE: Plot and Title Map

2 SPEAKERS CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 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 2 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.

Where is 2 SPEAKERS CLOSE?

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