7, GEORGE WOOD AVENUE, OLDBURY, B69 2GG - £217,000

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.

7 GEORGE WOOD AVENUE is a small detached house of 84m², which could now be worth an estimated £289,004. It was last sold for £217,000 in November 2019, which was around 9% below the average November 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2009, where the current energy rating was B, and the potential energy rating was B.

7 GEORGE WOOD AVENUE Sold Prices

Land registry data shows three sales for 7 GEORGE WOOD AVENUE 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 7 GEORGE WOOD AVENUE 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
2019 21 NOV	£217,000	£237,309	9% below HPI
2016 19 OCT	£190,000	£200,571	5% below HPI
2010 15 JAN	£174,995	£167,833	4% above HPI

7 GEORGE WOOD AVENUE 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 7 GEORGE WOOD AVENUE sales between January 2010 and November 2019 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 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 GEORGE WOOD AVENUE be worth now?

7 GEORGE WOOD AVENUE might now be worth an estimated £289,004.

This is based on house price inflation of 33.2%, between November 2019 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 33.2% inflationary increase is applied to the most recent sale price for 7 GEORGE WOOD AVENUE of £217,000 on 21st November 2019. For the value to have increased from £217,000 to £289,004 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GEORGE WOOD AVENUE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The November 2019 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GEORGE WOOD AVENUE has not materially changed since November 2019.

How Large is 7 GEORGE WOOD AVENUE?

7 GEORGE WOOD AVENUE is 84m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowley Regis, and where 7 GEORGE WOOD AVENUE lies on this distribution: 27% of detached houses houses are smaller than 7 GEORGE WOOD AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

7 GEORGE WOOD AVENUE: Plot and Title Map

7 GEORGE WOOD AVENUE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 GEORGE WOOD AVENUE, 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 GEORGE WOOD AVENUE). 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 GEORGE WOOD AVENUE?

7 GEORGE WOOD AVENUE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 7 on GEORGE WOOD AVENUE.