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
438 WOLVERHAMPTON ROAD is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £223,000 in October 2016, which was around 5% above the average October 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 438 WOLVERHAMPTON ROAD since 1st 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 438 WOLVERHAMPTON 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 |
---|---|---|---|
2016 3 OCT | £223,000 | £212,839 | 5% above HPI |
2013 21 JUN | £223,000 | £170,810 | 31% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 438 WOLVERHAMPTON ROAD sales from June 2013 and October 2016 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 June 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
438 WOLVERHAMPTON ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 438 WOLVERHAMPTON ROAD lies on this distribution: 73% of detached houses are smaller than 438 WOLVERHAMPTON ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Oldbury.
438 WOLVERHAMPTON ROAD sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 438 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 438 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.
438 WOLVERHAMPTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 438 on WOLVERHAMPTON ROAD.