41, LEWIS ROAD, OLDBURY, B68 0PR - £213,500

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.

41 LEWIS ROAD is a very small extended detached house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £278,014. It was last sold for £213,500 in July 2020, which was around 12% below the average July 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

41 LEWIS ROAD Sold Prices

Land registry data shows two sales for 41 LEWIS 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. Both of the two 41 LEWIS ROAD 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
2020 17 JUL	£213,500	£242,711	12% below HPI
2013 15 FEB	£90,000	£162,914	45% below HPI

41 LEWIS 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 41 LEWIS ROAD sales from February 2013 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 February 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 41 LEWIS ROAD be worth now?

41 LEWIS ROAD might now be worth an estimated £278,014.

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 41 LEWIS ROAD of £213,500 on 17th July 2020. For the value to have increased from £213,500 to £278,014 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 41 LEWIS ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2020 sale price of £213,500 represented a fair market value for the property.
• The size, condition, and specification of 41 LEWIS ROAD has not materially changed since July 2020.

How Large is 41 LEWIS ROAD?

41 LEWIS ROAD is 67m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 41 LEWIS ROAD lies on this distribution: 7% of detached houses houses are smaller than 41 LEWIS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

41 LEWIS ROAD: Plot and Title Map

41 LEWIS ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 41 LEWIS 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 41 LEWIS 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 41 LEWIS ROAD?

41 LEWIS ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 41 on LEWIS ROAD.