424, WOLVERHAMPTON ROAD, OLDBURY, B68 0TE - £500,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

424 WOLVERHAMPTON ROAD is a very large extended detached house of 247m², built sometime between 1950 and 1966. It was last sold for £500,000 in December 2023, which was around 50% above the average December 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

424 WOLVERHAMPTON ROAD Sold Prices

Land registry data shows three sales for 424 WOLVERHAMPTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The three 424 WOLVERHAMPTON ROAD sales were a mix of above the average price, and 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
2023 15 DEC	£500,000	£333,579	50% above HPI
2016 31 MAR	£390,000	£196,526	98% above HPI
2008 31 OCT	£180,000	£180,429	Close to HPI

424 WOLVERHAMPTON 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 three 424 WOLVERHAMPTON ROAD sales between October 2008 and December 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 2016 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the December 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 424 WOLVERHAMPTON ROAD?

424 WOLVERHAMPTON ROAD is 247m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 424 WOLVERHAMPTON ROAD lies on this distribution: 99% of detached houses are smaller than 424 WOLVERHAMPTON ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

424 WOLVERHAMPTON ROAD: Plot and Title Map

424 WOLVERHAMPTON ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 424 WOLVERHAMPTON 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 424 WOLVERHAMPTON 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 424 WOLVERHAMPTON ROAD?

424 WOLVERHAMPTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 424 on WOLVERHAMPTON ROAD.