3, HANOVER GARDENS, OLDBURY, B68 9LF - £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.

3 HANOVER GARDENS is a small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £309,666. It was last sold for £235,000 in June 2020, which was around 2% below the average June 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

3 HANOVER GARDENS Sold Prices

Land registry data shows two sales for 3 HANOVER GARDENS 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. One of the two 3 HANOVER GARDENS sales was for below the average price, whilst the other was 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 25 JUN	£235,000	£239,846	2% below HPI
2006 17 OCT	£192,500	£177,439	8% above HPI

3 HANOVER GARDENS 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 3 HANOVER GARDENS sales from October 2006 and June 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 October 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 HANOVER GARDENS be worth now?

3 HANOVER GARDENS might now be worth an estimated £309,666.

This is based on house price inflation of 31.8%, between June 2020 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 31.8% inflationary increase is applied to the most recent sale price for 3 HANOVER GARDENS of £235,000 on 25th June 2020. For the value to have increased from £235,000 to £309,666 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HANOVER GARDENS has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HANOVER GARDENS has not materially changed since June 2020.

How Large is 3 HANOVER GARDENS?

3 HANOVER GARDENS is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 3 HANOVER GARDENS lies on this distribution: 24% of detached houses houses are smaller than 3 HANOVER GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

3 HANOVER GARDENS: Plot and Title Map

3 HANOVER GARDENS sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 3 HANOVER GARDENS, 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 3 HANOVER GARDENS). 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 3 HANOVER GARDENS?

3 HANOVER GARDENS is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 3 on HANOVER GARDENS.