4, EMBASSY ROAD, OLDBURY, B69 2GD - £263,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 EMBASSY ROAD is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £263,000 in June 2023, which was around 20% below the average June 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

4 EMBASSY ROAD Sold Prices

Land registry data shows two sales for 4 EMBASSY ROAD 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. One of the two 4 EMBASSY ROAD sales was for below the average price, whilst the other was 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
2023 19 JUN	£263,000	£330,804	20% below HPI
2002 28 MAR	£114,650	£103,159	11% above HPI

4 EMBASSY ROAD 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 EMBASSY ROAD sales from March 2002 and June 2023 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 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 EMBASSY ROAD?

4 EMBASSY ROAD is 83m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% 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 EMBASSY ROAD lies on this distribution: 30% of detached houses are smaller than 4 EMBASSY ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

4 EMBASSY ROAD: Plot and Title Map

4 EMBASSY ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 EMBASSY ROAD, 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 EMBASSY ROAD). 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 EMBASSY ROAD?

4 EMBASSY ROAD is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 4 on EMBASSY ROAD.