30, RED LION CLOSE, TIVIDALE, OLDBURY, B69 1UG - £140,000

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

30 RED LION CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £140,000 in March 2013, which was around 19% below the average March 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

30 RED LION CLOSE Sold Prices

Land registry data shows two sales for 30 RED LION 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 30 RED LION 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
2013 28 MAR	£140,000	£172,783	19% below HPI
2003 24 OCT	£112,000	£146,191	23% below HPI

30 RED LION 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 30 RED LION CLOSE sales from October 2003 and March 2013 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 30 RED LION CLOSE?

30 RED LION CLOSE is 78m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% 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 30 RED LION CLOSE lies on this distribution: 19% of detached houses are smaller than 30 RED LION CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

30 RED LION CLOSE: Plot and Title Map

30 RED LION CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 30 RED LION 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 30 RED LION 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 30 RED LION CLOSE?

30 RED LION CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 30 on RED LION CLOSE.