22, EDWARD ROAD, OLDBURY, B68 0LY - £320,000

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

22 EDWARD ROAD is a large extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £320,000 in June 2024, which was around 3% below the average June 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

22 EDWARD ROAD Sold Prices

Land registry data shows two sales for 22 EDWARD 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. One of the two 22 EDWARD ROAD sales was for below the average price, whilst the other was 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
2024 28 JUN	£320,000	£330,029	3% below HPI
2016 3 MAR	£215,000	£196,526	9% above HPI

22 EDWARD 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 22 EDWARD ROAD sales from March 2016 and June 2024 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 March 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 22 EDWARD ROAD?

22 EDWARD ROAD is 107m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 22 EDWARD ROAD lies on this distribution: 64% of detached houses are smaller than 22 EDWARD ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

22 EDWARD ROAD: Plot and Title Map

22 EDWARD ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 22 EDWARD 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 22 EDWARD 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 22 EDWARD ROAD?

22 EDWARD ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 22 on EDWARD ROAD.