541, WOLVERHAMPTON ROAD, OLDBURY, B68 8DD - £485,000

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.

541 WOLVERHAMPTON ROAD is a very small extended terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £697,487. It was last sold for £485,000 in June 2020, which was around 264% above the average June 2020 terraced price in the Sandwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

541 WOLVERHAMPTON ROAD Sold Prices

Land registry data shows five sales for 541 WOLVERHAMPTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the five 541 WOLVERHAMPTON 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
2020 15 JUN	£485,000	£133,268	264% above HPI
2018 18 APR	£245,000	£122,835	99% above HPI
2014 14 FEB	£218,000	£94,735	130% above HPI
2002 10 DEC	£165,000	£59,886	176% above HPI
2000 14 JUL	£135,000	£40,681	232% above HPI

541 WOLVERHAMPTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The five 541 WOLVERHAMPTON ROAD sales between July 2000 and June 2020 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 April 2018 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the June 2020 sale, where it rises to 264% above the HPI. The line then continues to track at 264% above the HPI.

What might 541 WOLVERHAMPTON ROAD be worth now?

541 WOLVERHAMPTON ROAD might now be worth an estimated £697,487.

This is based on house price inflation of 43.8%, between June 2020 and July 2025, for terraced 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 43.8% inflationary increase is applied to the most recent sale price for 541 WOLVERHAMPTON ROAD of £485,000 on 15th June 2020. For the value to have increased from £485,000 to £697,487 over the four years and eleven months to July 2025, the following assumptions must hold true:

• The value of 541 WOLVERHAMPTON ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The June 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 541 WOLVERHAMPTON ROAD has not materially changed since June 2020.

How Large is 541 WOLVERHAMPTON ROAD?

541 WOLVERHAMPTON ROAD is 75m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 541 WOLVERHAMPTON ROAD lies on this distribution: 17% of terraced houses houses are smaller than 541 WOLVERHAMPTON ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

541 WOLVERHAMPTON ROAD: Plot and Title Map

541 WOLVERHAMPTON ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 541 WOLVERHAMPTON 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 541 WOLVERHAMPTON 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 541 WOLVERHAMPTON ROAD?

541 WOLVERHAMPTON ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 541 on WOLVERHAMPTON ROAD.