22, LAW CLOSE, TIVIDALE, OLDBURY, B69 3JW - £235,000

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

22 LAW CLOSE is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £240,173. It was last sold for £235,000 in May 2023, which was around 24% below the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

22 LAW CLOSE Sold Prices

Land registry data shows two sales for 22 LAW 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 22 LAW 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
2023 3 MAY	£235,000	£309,245	24% below HPI
1997 28 OCT	£45,000	£67,673	34% below HPI

22 LAW 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 22 LAW CLOSE sales from October 1997 and May 2023 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 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 22 LAW CLOSE be worth now?

22 LAW CLOSE might now be worth an estimated £240,173.

This is based on house price inflation of 2.2%, between May 2023 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 2.2% inflationary increase is applied to the most recent sale price for 22 LAW CLOSE of £235,000 on 3rd May 2023. For the value to have increased from £235,000 to £240,173 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 22 LAW CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LAW CLOSE has not materially changed since May 2023.

How Large is 22 LAW CLOSE?

22 LAW CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 22 LAW CLOSE lies on this distribution: 42% of detached houses houses are smaller than 22 LAW CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

22 LAW CLOSE: Plot and Title Map

22 LAW CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 22 LAW 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 22 LAW 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 22 LAW CLOSE?

22 LAW CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 22 on LAW CLOSE.