240, NEWBURY LANE, OLDBURY, B69 1JG - £250,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

240 NEWBURY LANE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £250,000 in November 2024, which was around 25% below the average November 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

240 NEWBURY LANE Sold Prices

Land registry data shows two sales for 240 NEWBURY LANE 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 240 NEWBURY LANE 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
2024 29 NOV	£250,000	£335,131	25% below HPI
2000 29 SEP	£85,000	£86,003	1% below HPI

240 NEWBURY LANE 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 240 NEWBURY LANE sales from September 2000 and November 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 September 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 240 NEWBURY LANE?

240 NEWBURY LANE is 62m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 240 NEWBURY LANE lies on this distribution: 5% of detached houses are smaller than 240 NEWBURY LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

240 NEWBURY LANE: Plot and Title Map

240 NEWBURY LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 240 NEWBURY LANE, 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 240 NEWBURY LANE). 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 240 NEWBURY LANE?

240 NEWBURY LANE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 240 on NEWBURY LANE.