4, ELM CROFT, OLDBURY, B68 0BQ - £305,000

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

4 ELM CROFT is a very large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £305,000 in March 2024, which was around 6% below the average March 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

4 ELM CROFT Sold Prices

Land registry data shows two sales for 4 ELM CROFT 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 4 ELM CROFT 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
2024 22 MAR	£305,000	£324,508	6% below HPI
2011 29 NOV	£155,000	£176,689	12% below HPI

4 ELM CROFT 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 4 ELM CROFT sales from November 2011 and March 2024 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 November 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 ELM CROFT?

4 ELM CROFT is 149m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 4 ELM CROFT lies on this distribution: 87% of detached houses are smaller than 4 ELM CROFT, and 13% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

4 ELM CROFT: Plot and Title Map

4 ELM CROFT sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 ELM CROFT, 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 4 ELM CROFT). 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 4 ELM CROFT?

4 ELM CROFT is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 4 on ELM CROFT.