71, CHESTNUT ROAD, OLDBURY, B68 0AY - £299,950

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.

71 CHESTNUT ROAD is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £364,609. It was last sold for £299,950 in June 2021, which was around 15% above the average June 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

71 CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 71 CHESTNUT 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 71 CHESTNUT ROAD 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
2021 18 JUN	£299,950	£260,004	15% above HPI
2007 6 JUL	£225,000	£184,670	22% above HPI

71 CHESTNUT 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 71 CHESTNUT ROAD sales from July 2007 and June 2021 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 July 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 71 CHESTNUT ROAD be worth now?

71 CHESTNUT ROAD might now be worth an estimated £364,609.

This is based on house price inflation of 21.6%, between June 2021 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 21.6% inflationary increase is applied to the most recent sale price for 71 CHESTNUT ROAD of £299,950 on 18th June 2021. For the value to have increased from £299,950 to £364,609 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 71 CHESTNUT ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2021 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 71 CHESTNUT ROAD has not materially changed since June 2021.

How Large is 71 CHESTNUT ROAD?

71 CHESTNUT ROAD is 124m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 71 CHESTNUT ROAD lies on this distribution: 76% of detached houses houses are smaller than 71 CHESTNUT ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

71 CHESTNUT ROAD: Plot and Title Map

71 CHESTNUT ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 71 CHESTNUT 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 71 CHESTNUT 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 71 CHESTNUT ROAD?

71 CHESTNUT ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 71 on CHESTNUT ROAD.