9, ALDRIDGE CLOSE, OLDBURY, B68 9NY - £180,000

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.

9 ALDRIDGE CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £309,617. It was last sold for £180,000 in August 2015, which was around 1% below the average August 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

9 ALDRIDGE CLOSE Sold Prices

Land registry data shows two sales for 9 ALDRIDGE CLOSE 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. One of the two 9 ALDRIDGE CLOSE sales was for below the average price, whilst the other 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
2015 7 AUG	£180,000	£181,741	1% below HPI
1996 1 NOV	£69,000	£66,669	3% above HPI

9 ALDRIDGE CLOSE 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 9 ALDRIDGE CLOSE sales from November 1996 and August 2015 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 November 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 ALDRIDGE CLOSE be worth now?

9 ALDRIDGE CLOSE might now be worth an estimated £309,617.

This is based on house price inflation of 72%, between August 2015 and March 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 72% inflationary increase is applied to the most recent sale price for 9 ALDRIDGE CLOSE of £180,000 on 7th August 2015. For the value to have increased from £180,000 to £309,617 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 9 ALDRIDGE CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ALDRIDGE CLOSE has not materially changed since August 2015.

How Large is 9 ALDRIDGE CLOSE?

9 ALDRIDGE CLOSE is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 9 ALDRIDGE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 9 ALDRIDGE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

9 ALDRIDGE CLOSE: Plot and Title Map

9 ALDRIDGE CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 9 ALDRIDGE CLOSE, 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 9 ALDRIDGE CLOSE). 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 9 ALDRIDGE CLOSE?

9 ALDRIDGE CLOSE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 9 on ALDRIDGE CLOSE.