2A, GRAFTON ROAD, OLDBURY, B68 8BP - £230,000

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.

2A GRAFTON ROAD is a midsized extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £257,652. It was last sold for £230,000 in November 2021, which was around 18% below the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

2A GRAFTON ROAD Sold Prices

Land registry data shows three sales for 2A GRAFTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 2A GRAFTON 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 19 NOV	£230,000	£282,132	18% below HPI
2007 15 OCT	£165,000	£189,286	13% below HPI
2005 4 MAY	£142,000	£162,915	13% below HPI

2A GRAFTON 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 three 2A GRAFTON ROAD sales between May 2005 and November 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2A GRAFTON ROAD be worth now?

2A GRAFTON ROAD might now be worth an estimated £257,652.

This is based on house price inflation of 12%, between November 2021 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 12% inflationary increase is applied to the most recent sale price for 2A GRAFTON ROAD of £230,000 on 19th November 2021. For the value to have increased from £230,000 to £257,652 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2A GRAFTON ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The November 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2A GRAFTON ROAD has not materially changed since November 2021.

How Large is 2A GRAFTON ROAD?

2A GRAFTON ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where 2A GRAFTON ROAD lies on this distribution: 42% of detached houses houses are smaller than 2A GRAFTON ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

2A GRAFTON ROAD: Plot and Title Map

2A GRAFTON ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2A GRAFTON 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 2A GRAFTON 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 2A GRAFTON ROAD?

2A GRAFTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 2A on GRAFTON ROAD.