53, CLAY LANE, OLDBURY, B69 4TH - £255,000

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

53 CLAY LANE is a midsized extended detached house of 94m², built sometime between 2003 and 2006. It was last sold for £255,000 in April 2019, which was around 5% above the average April 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

53 CLAY LANE Sold Prices

Land registry data shows three sales for 53 CLAY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 53 CLAY LANE sales were for above the average price, whilst one was 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
2019 18 APR	£255,000	£243,423	5% above HPI
2004 26 MAR	£149,950	£155,602	4% below HPI
2003 27 JUN	£157,500	£134,206	17% above HPI

53 CLAY LANE 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 three 53 CLAY LANE sales between June 2003 and April 2019 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 March 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 53 CLAY LANE?

53 CLAY LANE is 94m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 53 CLAY LANE lies on this distribution: 48% of detached houses are smaller than 53 CLAY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

53 CLAY LANE: Plot and Title Map

53 CLAY LANE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 53 CLAY LANE, 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 53 CLAY LANE). 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 53 CLAY LANE?

53 CLAY LANE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 53 on CLAY LANE.