42, PARKFIELD ROAD, OLDBURY, B68 8PS - £159,000

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.

42 PARKFIELD ROAD is a small extended semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £302,123. It was last sold for £159,000 in September 2014, which was around 39% above the average September 2014 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

42 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 42 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 42 PARKFIELD ROAD 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
2014 26 SEP	£159,000	£114,372	39% above HPI
2003 12 SEP	£127,000	£87,751	45% above HPI

42 PARKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 42 PARKFIELD ROAD sales from September 2003 and September 2014 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 September 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2014 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 42 PARKFIELD ROAD be worth now?

42 PARKFIELD ROAD might now be worth an estimated £302,123.

This is based on house price inflation of 90%, between September 2014 and February 2025, for semi-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 90% inflationary increase is applied to the most recent sale price for 42 PARKFIELD ROAD of £159,000 on 26th September 2014. For the value to have increased from £159,000 to £302,123 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 PARKFIELD ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The September 2014 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PARKFIELD ROAD has not materially changed since September 2014.

How Large is 42 PARKFIELD ROAD?

42 PARKFIELD ROAD is 86m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of semi-detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldbury, and where 42 PARKFIELD ROAD lies on this distribution: 34% of semi-detached houses houses are smaller than 42 PARKFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

42 PARKFIELD ROAD: Plot and Title Map

42 PARKFIELD ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 42 PARKFIELD 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 42 PARKFIELD 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 42 PARKFIELD ROAD?

42 PARKFIELD ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 42 on PARKFIELD ROAD.