9, CHESTNUT ROAD, OLDBURY, B68 0AX - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 CHESTNUT ROAD is a midsized detached house of 93m², built sometime between 1930 and 1949. It was last sold for £250,000 in May 2022, which was around 19% below the average May 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 9 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 9 CHESTNUT ROAD 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
2022 27 MAY	£250,000	£309,847	19% below HPI
2009 6 APR	£160,000	£163,076	2% below HPI

9 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 9 CHESTNUT ROAD sales from April 2009 and May 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 April 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 CHESTNUT ROAD?

9 CHESTNUT ROAD is 93m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 9 CHESTNUT ROAD lies on this distribution: 45% of detached houses are smaller than 9 CHESTNUT ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

9 CHESTNUT ROAD: Plot and Title Map

9 CHESTNUT ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 9 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 9 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 9 CHESTNUT ROAD?

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