6, LAW CLOSE, TIVIDALE, OLDBURY, B69 3JW - £169,000

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

6 LAW CLOSE is a small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £169,000 in March 2018, which was around 27% below the average March 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

6 LAW CLOSE Sold Prices

Land registry data shows two sales for 6 LAW CLOSE 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 LAW CLOSE sales were 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
2018 29 MAR	£169,000	£230,354	27% below HPI
1996 23 AUG	£54,500	£67,306	19% below HPI

6 LAW CLOSE 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 LAW CLOSE sales from August 1996 and March 2018 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 August 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 LAW CLOSE?

6 LAW CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 6 LAW CLOSE lies on this distribution: 24% of detached houses are smaller than 6 LAW CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

6 LAW CLOSE: Plot and Title Map

6 LAW CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 6 LAW CLOSE, 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 LAW CLOSE). 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 LAW CLOSE?

6 LAW CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 6 on LAW CLOSE.