40, MONCKTON ROAD, OLDBURY, B68 0QX - £297,500

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

40 MONCKTON ROAD is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £297,500 in June 2018, which was around 26% above the average June 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

40 MONCKTON ROAD Sold Prices

Land registry data shows two sales for 40 MONCKTON 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 40 MONCKTON ROAD sales was for above the average price, whilst the other was roughly equal to 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
2018 22 JUN	£297,500	£236,124	26% above HPI
1997 7 OCT	£72,000	£71,812	Close to HPI

40 MONCKTON 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 40 MONCKTON ROAD sales from October 1997 and June 2018 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 40 MONCKTON ROAD?

40 MONCKTON ROAD is 165m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 40 MONCKTON ROAD lies on this distribution: 90% of detached houses are smaller than 40 MONCKTON ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

40 MONCKTON ROAD: Plot and Title Map

40 MONCKTON ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 40 MONCKTON 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 40 MONCKTON 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 40 MONCKTON ROAD?

40 MONCKTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 40 on MONCKTON ROAD.