57, KNOTTSALL LANE, OLDBURY, B68 9LG - £340,000

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.

57 KNOTTSALL LANE is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £423,387. It was last sold for £340,000 in February 2021, which was around 34% above the average February 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

57 KNOTTSALL LANE Sold Prices

Land registry data shows two sales for 57 KNOTTSALL LANE 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. One of the two 57 KNOTTSALL LANE sales was for above the average price, whilst the other 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
2021 24 FEB	£340,000	£253,805	34% above HPI
2013 14 MAY	£111,500	£161,894	31% below HPI

57 KNOTTSALL 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 two 57 KNOTTSALL LANE sales from May 2013 and February 2021 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 May 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 57 KNOTTSALL LANE be worth now?

57 KNOTTSALL LANE might now be worth an estimated £423,387.

This is based on house price inflation of 24.5%, between February 2021 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 24.5% inflationary increase is applied to the most recent sale price for 57 KNOTTSALL LANE of £340,000 on 24th February 2021. For the value to have increased from £340,000 to £423,387 over the four years to February 2025, the following assumptions must hold true:

• The value of 57 KNOTTSALL LANE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 57 KNOTTSALL LANE has not materially changed since February 2021.

How Large is 57 KNOTTSALL LANE?

57 KNOTTSALL LANE is 124m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 30% of detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where 57 KNOTTSALL LANE lies on this distribution: 76% of detached houses houses are smaller than 57 KNOTTSALL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

57 KNOTTSALL LANE: Plot and Title Map

57 KNOTTSALL LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 57 KNOTTSALL 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 57 KNOTTSALL 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 57 KNOTTSALL LANE?

57 KNOTTSALL LANE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 57 on KNOTTSALL LANE.