37, NEW MEETING STREET, OLDBURY, B69 4DG - £250,000

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.

37 NEW MEETING STREET is a very large extended detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £325,544. It was last sold for £250,000 in July 2020, which was around 3% above the average July 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

37 NEW MEETING STREET Sold Prices

Land registry data shows four sales for 37 NEW MEETING STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the four 37 NEW MEETING STREET sales were 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 22 JUL	£250,000	£242,711	3% above HPI
2020 2 MAR	£215,000	£240,380	11% below HPI
2010 9 JUL	£190,000	£171,565	11% above HPI
2001 9 MAY	£118,950	£85,523	39% above HPI

37 NEW MEETING STREET 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 four 37 NEW MEETING STREET sales between May 2001 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 March 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 37 NEW MEETING STREET be worth now?

37 NEW MEETING STREET might now be worth an estimated £325,544.

This is based on house price inflation of 30.2%, between July 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 30.2% inflationary increase is applied to the most recent sale price for 37 NEW MEETING STREET of £250,000 on 22nd July 2020. For the value to have increased from £250,000 to £325,544 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 37 NEW MEETING STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NEW MEETING STREET has not materially changed since July 2020.

How Large is 37 NEW MEETING STREET?

37 NEW MEETING STREET is 152m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 37 NEW MEETING STREET lies on this distribution: 88% of detached houses houses are smaller than 37 NEW MEETING STREET, and 12% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

37 NEW MEETING STREET: Plot and Title Map

37 NEW MEETING STREET sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 37 NEW MEETING STREET, 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 37 NEW MEETING STREET). 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 37 NEW MEETING STREET?

37 NEW MEETING STREET is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 37 on NEW MEETING STREET.