281, OLDBURY ROAD, ROWLEY REGIS, B65 0PR - £260,000

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.

281 OLDBURY ROAD is a very large extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £349,859. It was last sold for £260,000 in December 2019, which was around 11% above the average December 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

281 OLDBURY ROAD Sold Prices

Land registry data shows two sales for 281 OLDBURY 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 281 OLDBURY 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
2019 20 DEC	£260,000	£234,876	11% above HPI
1996 28 JUN	£77,500	£62,536	24% above HPI

281 OLDBURY 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 281 OLDBURY ROAD sales from June 1996 and December 2019 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 June 1996 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 281 OLDBURY ROAD be worth now?

281 OLDBURY ROAD might now be worth an estimated £349,859.

This is based on house price inflation of 34.6%, between December 2019 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 34.6% inflationary increase is applied to the most recent sale price for 281 OLDBURY ROAD of £260,000 on 20th December 2019. For the value to have increased from £260,000 to £349,859 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 281 OLDBURY ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 281 OLDBURY ROAD has not materially changed since December 2019.

How Large is 281 OLDBURY ROAD?

281 OLDBURY ROAD is 118m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% 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 281 OLDBURY ROAD lies on this distribution: 80% of detached houses houses are smaller than 281 OLDBURY ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

281 OLDBURY ROAD: Plot and Title Map

281 OLDBURY ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 281 OLDBURY 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 281 OLDBURY 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 281 OLDBURY ROAD?

281 OLDBURY ROAD is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 281 on OLDBURY ROAD.