8B, CASTLE ROAD WEST, OLDBURY, B68 0EW - £500,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8B CASTLE ROAD WEST is a very large detached house of 176m², built in 2021. It was last sold for £500,000 in March 2022, which was around 62% above the average March 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

8B CASTLE ROAD WEST Sold Prices

Land registry data shows two sales for 8B CASTLE ROAD WEST 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 8B CASTLE ROAD WEST 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
2022 18 MAR	£500,000	£309,020	62% above HPI
2020 21 SEP	£500,000	£252,748	98% above HPI

8B CASTLE ROAD WEST 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 8B CASTLE ROAD WEST sales from September 2020 and March 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 September 2020 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the March 2022 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 8B CASTLE ROAD WEST?

8B CASTLE ROAD WEST is 176m² according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 8B CASTLE ROAD WEST lies on this distribution: 93% of detached houses are smaller than 8B CASTLE ROAD WEST, and 7% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

8B CASTLE ROAD WEST: Plot and Title Map

8B CASTLE ROAD WEST sits on a plot of roughly 0.396 of an acre, or 1,603m². The below map shows the location of 8B CASTLE ROAD WEST, 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 8B CASTLE ROAD WEST). 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 8B CASTLE ROAD WEST?

8B CASTLE ROAD WEST is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 8B on CASTLE ROAD WEST.