3, INKBERROW CLOSE, OLDBURY, B69 1DU - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 INKBERROW CLOSE is a midsized detached house of 98m², built sometime between 1991 and 1995. It was last sold for £160,000 in July 2020, which was around 38% below the average July 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 INKBERROW CLOSE Sold Prices

Land registry data shows three sales for 3 INKBERROW CLOSE 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 3 INKBERROW 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
2020 30 JUL	£160,000	£257,556	38% below HPI
2017 20 JAN	£130,000	£213,917	39% below HPI
2005 1 JUL	£125,000	£177,693	30% below HPI

3 INKBERROW 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 three 3 INKBERROW CLOSE sales between July 2005 and July 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 January 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 INKBERROW CLOSE?

3 INKBERROW CLOSE is 98m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 3 INKBERROW CLOSE lies on this distribution: 46% of detached houses are smaller than 3 INKBERROW CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 INKBERROW CLOSE: Plot and Title Map

3 INKBERROW CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 3 INKBERROW 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 INKBERROW 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 INKBERROW CLOSE?

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