6, FORGE WAY, OLDBURY, B69 2JR - £79,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 FORGE WAY is a small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £337,429. It was last sold for £79,950 in December 1999, which was around 6% above the average December 1999 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

6 FORGE WAY Sold Prices

Land registry data shows two sales for 6 FORGE WAY 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. Both of the two 6 FORGE WAY 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
1999 17 DEC	£79,950	£75,098	6% above HPI
1995 1 NOV	£73,000	£62,224	17% above HPI

6 FORGE WAY 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 6 FORGE WAY sales from November 1995 and December 1999 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 November 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 1999 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 6 FORGE WAY be worth now?

6 FORGE WAY might now be worth an estimated £337,429.

This is based on house price inflation of 322%, between December 1999 and December 2024, 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 322% inflationary increase is applied to the most recent sale price for 6 FORGE WAY of £79,950 on 17th December 1999. For the value to have increased from £79,950 to £337,429 over the 25 years to December 2024, the following assumptions must hold true:

• The value of 6 FORGE WAY has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 1999 sale price of £79,950 represented a fair market value for the property.
• The size, condition, and specification of 6 FORGE WAY has not materially changed since December 1999.

How Large is 6 FORGE WAY?

6 FORGE WAY is 82m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 6 FORGE WAY lies on this distribution: 27% of detached houses houses are smaller than 6 FORGE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

6 FORGE WAY: Plot and Title Map

6 FORGE WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 6 FORGE WAY, 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 6 FORGE WAY). 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 6 FORGE WAY?

6 FORGE WAY is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 6 on FORGE WAY.