73, OAK ROAD, OLDBURY, B68 0BH - £275,000

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.

73 OAK ROAD is a small extended detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £303,611. It was last sold for £275,000 in February 2022, which was around 4% below the average February 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

73 OAK ROAD Sold Prices

Land registry data shows three sales for 73 OAK ROAD 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 73 OAK ROAD 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
2022 18 FEB	£275,000	£286,269	4% below HPI
2016 29 JAN	£163,000	£187,527	13% below HPI
2004 16 AUG	£182,000	£160,142	14% above HPI

73 OAK 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 three 73 OAK ROAD sales between August 2004 and February 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 73 OAK ROAD be worth now?

73 OAK ROAD might now be worth an estimated £303,611.

This is based on house price inflation of 10.4%, between February 2022 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 10.4% inflationary increase is applied to the most recent sale price for 73 OAK ROAD of £275,000 on 18th February 2022. For the value to have increased from £275,000 to £303,611 over the three years to February 2025, the following assumptions must hold true:

• The value of 73 OAK ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 73 OAK ROAD has not materially changed since February 2022.

How Large is 73 OAK ROAD?

73 OAK ROAD is 79m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 73 OAK ROAD lies on this distribution: 23% of detached houses houses are smaller than 73 OAK ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

73 OAK ROAD: Plot and Title Map

73 OAK ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 73 OAK 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 73 OAK 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 73 OAK ROAD?

73 OAK ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 73 on OAK ROAD.