5, THRONE CLOSE, ROWLEY REGIS, B65 9LJ - £195,000

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.

5 THRONE CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £265,039. It was last sold for £195,000 in October 2018, which was around 16% below the average October 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

5 THRONE CLOSE Sold Prices

Land registry data shows two sales for 5 THRONE CLOSE 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 5 THRONE CLOSE sales were for below 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
2018 17 OCT	£195,000	£232,532	16% below HPI
2016 7 SEP	£100,000	£200,615	50% below HPI

5 THRONE CLOSE 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 5 THRONE CLOSE sales from September 2016 and October 2018 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 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 THRONE CLOSE be worth now?

5 THRONE CLOSE might now be worth an estimated £265,039.

This is based on house price inflation of 35.9%, between October 2018 and February 2025, for 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 35.9% inflationary increase is applied to the most recent sale price for 5 THRONE CLOSE of £195,000 on 17th October 2018. For the value to have increased from £195,000 to £265,039 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 THRONE CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THRONE CLOSE has not materially changed since October 2018.

How Large is 5 THRONE CLOSE?

5 THRONE CLOSE is 73m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowley Regis, and where 5 THRONE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 THRONE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

5 THRONE CLOSE: Plot and Title Map

5 THRONE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 THRONE CLOSE, 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 THRONE CLOSE). 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 THRONE CLOSE?

5 THRONE CLOSE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 5 on THRONE CLOSE.