3, HARLECH CLOSE, TIVIDALE, OLDBURY, B69 1TE - £150,000

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 HARLECH CLOSE is a midsized detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £265,264. It was last sold for £150,000 in March 2015, which was around 15% below the average March 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 HARLECH CLOSE Sold Prices

Land registry data shows two sales for 3 HARLECH CLOSE 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 3 HARLECH CLOSE 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
2015 6 MAR	£150,000	£176,774	15% below HPI
2001 23 MAR	£74,500	£81,857	9% below HPI

3 HARLECH CLOSE 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 HARLECH CLOSE sales from March 2001 and March 2015 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 March 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 HARLECH CLOSE be worth now?

3 HARLECH CLOSE might now be worth an estimated £265,264.

This is based on house price inflation of 76.8%, between March 2015 and March 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 76.8% inflationary increase is applied to the most recent sale price for 3 HARLECH CLOSE of £150,000 on 6th March 2015. For the value to have increased from £150,000 to £265,264 over the ten years to March 2025, the following assumptions must hold true:

• The value of 3 HARLECH CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HARLECH CLOSE has not materially changed since March 2015.

How Large is 3 HARLECH CLOSE?

3 HARLECH CLOSE is 102m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 3 HARLECH CLOSE lies on this distribution: 52% of detached houses houses are smaller than 3 HARLECH CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 HARLECH CLOSE: Plot and Title Map

3 HARLECH CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 3 HARLECH CLOSE, 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 HARLECH CLOSE). 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 HARLECH CLOSE?

3 HARLECH CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 3 on HARLECH CLOSE.