5, ROYAL OAK ROAD, HALESOWEN, B62 0DZ - £345,000

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

5 ROYAL OAK ROAD is a very large extended detached house of 237m², built sometime between 1930 and 1949. It was last sold for £345,000 in September 2015, which was around 55% above the average September 2015 detached price in the Dudley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

5 ROYAL OAK ROAD Sold Prices

Land registry data shows two sales for 5 ROYAL OAK 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 Dudley local authority area for the corresponding sale date. Both of the two 5 ROYAL OAK 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
2015 4 SEP	£345,000	£222,208	55% above HPI
1999 13 OCT	£180,000	£92,698	94% above HPI

5 ROYAL OAK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 5 ROYAL OAK ROAD sales from October 1999 and September 2015 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 October 1999 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the September 2015 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 5 ROYAL OAK ROAD?

5 ROYAL OAK ROAD is 237m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 5 ROYAL OAK ROAD lies on this distribution: 99% of detached houses are smaller than 5 ROYAL OAK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

5 ROYAL OAK ROAD: Plot and Title Map

5 ROYAL OAK ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 5 ROYAL OAK 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 5 ROYAL OAK 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 5 ROYAL OAK ROAD?

5 ROYAL OAK ROAD is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 5 on ROYAL OAK ROAD.