5, WOOLPACK CLOSE, ROWLEY REGIS, B65 8HY - £160,000

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 WOOLPACK CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £238,982. It was last sold for £160,000 in August 2017, which was around 24% below the average August 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

5 WOOLPACK CLOSE Sold Prices

Land registry data shows six sales for 5 WOOLPACK CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the six 5 WOOLPACK 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
2017 11 AUG	£160,000	£211,599	24% below HPI
2012 20 DEC	£135,000	£166,980	19% below HPI
2005 26 AUG	£133,000	£168,996	21% below HPI
2004 20 FEB	£128,000	£144,717	12% below HPI
2002 24 SEP	£88,950	£110,133	19% below HPI
2001 16 FEB	£60,000	£83,494	28% below HPI

5 WOOLPACK 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 six 5 WOOLPACK CLOSE sales between February 2001 and August 2017 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 WOOLPACK CLOSE be worth now?

5 WOOLPACK CLOSE might now be worth an estimated £238,982.

This is based on house price inflation of 49.4%, between August 2017 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 49.4% inflationary increase is applied to the most recent sale price for 5 WOOLPACK CLOSE of £160,000 on 11th August 2017. For the value to have increased from £160,000 to £238,982 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 WOOLPACK CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOOLPACK CLOSE has not materially changed since August 2017.

How Large is 5 WOOLPACK CLOSE?

5 WOOLPACK CLOSE is 69m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 WOOLPACK CLOSE lies on this distribution: 8% of detached houses houses are smaller than 5 WOOLPACK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

5 WOOLPACK CLOSE: Plot and Title Map

5 WOOLPACK CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 5 WOOLPACK 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 WOOLPACK 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 WOOLPACK CLOSE?

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