59, CLAY LANE, OLDBURY, B69 4TH - £208,000

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

59 CLAY LANE is a midsized extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £208,000 in March 2024, which was around 36% below the average March 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

59 CLAY LANE Sold Prices

Land registry data shows three sales for 59 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 59 CLAY LANE sales were for below the average price, whilst one was 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
2024 28 MAR	£208,000	£324,907	36% below HPI
2007 31 OCT	£183,000	£200,863	9% below HPI
2003 12 JUN	£169,950	£134,206	27% above HPI

59 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 59 CLAY LANE sales between June 2003 and March 2024 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 October 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 59 CLAY LANE?

59 CLAY LANE is 103m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 59 CLAY LANE lies on this distribution: 59% of detached houses are smaller than 59 CLAY LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

59 CLAY LANE: Plot and Title Map

59 CLAY LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 59 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 59 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 59 CLAY LANE?

59 CLAY LANE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 59 on CLAY LANE.