228, WOLVERHAMPTON ROAD, OLDBURY, B68 0TF - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

228 WOLVERHAMPTON ROAD is a midsized terraced house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £335,906. It was last sold for £235,000 in March 2020, which was around 75% above the average March 2020 terraced price in the Sandwell local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

228 WOLVERHAMPTON ROAD Sold Prices

Land registry data shows three sales for 228 WOLVERHAMPTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the three 228 WOLVERHAMPTON ROAD 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
2020 9 MAR	£235,000	£134,082	75% above HPI
2004 27 FEB	£168,000	£77,528	117% above HPI
2000 24 MAR	£78,000	£39,394	98% above HPI

228 WOLVERHAMPTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 228 WOLVERHAMPTON ROAD sales between March 2000 and March 2020 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 February 2004 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the March 2020 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 228 WOLVERHAMPTON ROAD be worth now?

228 WOLVERHAMPTON ROAD might now be worth an estimated £335,906.

This is based on house price inflation of 42.9%, between March 2020 and July 2025, for terraced 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 42.9% inflationary increase is applied to the most recent sale price for 228 WOLVERHAMPTON ROAD of £235,000 on 9th March 2020. For the value to have increased from £235,000 to £335,906 over the four years and eight months to July 2025, the following assumptions must hold true:

• The value of 228 WOLVERHAMPTON ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The March 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 228 WOLVERHAMPTON ROAD has not materially changed since March 2020.

How Large is 228 WOLVERHAMPTON ROAD?

228 WOLVERHAMPTON ROAD is 94m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 228 WOLVERHAMPTON ROAD lies on this distribution: 47% of terraced houses houses are smaller than 228 WOLVERHAMPTON ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

228 WOLVERHAMPTON ROAD: Plot and Title Map

228 WOLVERHAMPTON ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 228 WOLVERHAMPTON 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 228 WOLVERHAMPTON 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 228 WOLVERHAMPTON ROAD?

228 WOLVERHAMPTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 228 on WOLVERHAMPTON ROAD.