7, ASHTREE ROAD, TIVIDALE, OLDBURY, B69 2HD - £175,000

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

7 ASHTREE ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £175,000 in October 2022, which was around 47% below the average October 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

7 ASHTREE ROAD Sold Prices

Land registry data shows two sales for 7 ASHTREE ROAD 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 7 ASHTREE ROAD 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
2022 26 OCT	£175,000	£328,896	47% below HPI
2015 6 JAN	£140,000	£184,618	24% below HPI

7 ASHTREE ROAD 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 7 ASHTREE ROAD sales from January 2015 and October 2022 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 January 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 7 ASHTREE ROAD?

7 ASHTREE ROAD is 70m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 7 ASHTREE ROAD lies on this distribution: 9% of detached houses are smaller than 7 ASHTREE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

7 ASHTREE ROAD: Plot and Title Map

7 ASHTREE ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 ASHTREE 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 7 ASHTREE 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 7 ASHTREE ROAD?

7 ASHTREE ROAD is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 7 on ASHTREE ROAD.