48, CASTLE ROAD EAST, OLDBURY, B68 9BG - £610,000

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

48 CASTLE ROAD EAST is a very large extended detached house of 196m², built sometime between 1900 and 1929. It was last sold for £610,000 in September 2022, which was around 89% above the average September 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

48 CASTLE ROAD EAST Sold Prices

Land registry data shows two sales for 48 CASTLE ROAD EAST 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 48 CASTLE ROAD EAST 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
2022 15 SEP	£610,000	£323,001	89% above HPI
2012 6 DEC	£310,000	£177,193	75% above HPI

48 CASTLE ROAD EAST 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 48 CASTLE ROAD EAST sales from December 2012 and September 2022 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 December 2012 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the September 2022 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 48 CASTLE ROAD EAST?

48 CASTLE ROAD EAST is 196m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 48 CASTLE ROAD EAST lies on this distribution: 96% of detached houses are smaller than 48 CASTLE ROAD EAST, and 4% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

48 CASTLE ROAD EAST: Plot and Title Map

48 CASTLE ROAD EAST sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 48 CASTLE ROAD EAST, 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 48 CASTLE ROAD EAST). 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 48 CASTLE ROAD EAST?

48 CASTLE ROAD EAST is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 48 on CASTLE ROAD EAST.