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

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 CHESTNUT ROAD is a midsized detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £270,604. It was last sold for £250,000 in May 2022, which was around 14% 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. One of the two 9 CHESTNUT ROAD 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
2022 27 MAY	£250,000	£291,988	14% below HPI
2009 6 APR	£160,000	£153,677	4% above 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 CHESTNUT ROAD be worth now?

9 CHESTNUT ROAD might now be worth an estimated £270,604.

This is based on house price inflation of 8.2%, between May 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 8.2% inflationary increase is applied to the most recent sale price for 9 CHESTNUT ROAD of £250,000 on 27th May 2022. For the value to have increased from £250,000 to £270,604 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT ROAD has not materially changed since May 2022.

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 houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where 9 CHESTNUT ROAD lies on this distribution: 44% of detached houses houses are smaller than 9 CHESTNUT ROAD, and 53% 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.