23, PORTWAY ROAD, ROWLEY REGIS, B65 9DB - £265,000

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

23 PORTWAY ROAD is a very large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £265,000 in June 2021, which was around 4% below the average June 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

23 PORTWAY ROAD Sold Prices

Land registry data shows two sales for 23 PORTWAY 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. Both of the two 23 PORTWAY ROAD 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
2021 18 JUN	£265,000	£275,906	4% below HPI
1999 28 OCT	£44,000	£78,166	44% below HPI

23 PORTWAY 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 23 PORTWAY ROAD sales from October 1999 and June 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 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 23 PORTWAY ROAD?

23 PORTWAY ROAD is 162m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 23 PORTWAY ROAD lies on this distribution: 98% of detached houses are smaller than 23 PORTWAY ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

23 PORTWAY ROAD: Plot and Title Map

23 PORTWAY ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 23 PORTWAY 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 23 PORTWAY 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 23 PORTWAY ROAD?

23 PORTWAY ROAD is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 23 on PORTWAY ROAD.