7, OAK CRESCENT, TIVIDALE, OLDBURY, B69 1RL - £165,000

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 OAK CRESCENT is a small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £165,000 in May 2013, which was around 4% below the average May 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

7 OAK CRESCENT Sold Prices

Land registry data shows three sales for 7 OAK CRESCENT 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. All of the three 7 OAK CRESCENT 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
2013 31 MAY	£165,000	£171,796	4% below HPI
2005 24 JUN	£148,000	£174,711	15% below HPI
1997 12 JUN	£58,000	£71,518	19% below HPI

7 OAK CRESCENT 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 OAK CRESCENT sales between June 1997 and May 2013 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 June 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 OAK CRESCENT?

7 OAK CRESCENT is 87m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% 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 OAK CRESCENT lies on this distribution: 31% of detached houses are smaller than 7 OAK CRESCENT, and 69% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

7 OAK CRESCENT: Plot and Title Map

7 OAK CRESCENT sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 7 OAK CRESCENT, 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 OAK CRESCENT). 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 OAK CRESCENT?

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