97, NEWBURY LANE, OLDBURY, B69 1HE - £124,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

97 NEWBURY LANE is a very large detached house of 176m², built sometime between 1967 and 1975, which could now be worth an estimated £218,484. It was last sold for £124,950 in March 2007, which was around 31% below the average March 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was C.

97 NEWBURY LANE Sold Prices

Land registry data shows two sales for 97 NEWBURY LANE 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 97 NEWBURY LANE 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
2007 13 MAR	£124,950	£181,263	31% below HPI
2004 18 AUG	£73,000	£160,142	54% below HPI

97 NEWBURY LANE 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 97 NEWBURY LANE sales from August 2004 and March 2007 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 August 2004 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2007 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 97 NEWBURY LANE be worth now?

97 NEWBURY LANE might now be worth an estimated £218,484.

This is based on house price inflation of 74.9%, between March 2007 and December 2024, 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 74.9% inflationary increase is applied to the most recent sale price for 97 NEWBURY LANE of £124,950 on 13th March 2007. For the value to have increased from £124,950 to £218,484 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 97 NEWBURY LANE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2007 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 97 NEWBURY LANE has not materially changed since March 2007.

How Large is 97 NEWBURY LANE?

97 NEWBURY LANE is 176m² according to the EPC inspection conducted in May 2015. This puts it in the largest 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 97 NEWBURY LANE lies on this distribution: 93% of detached houses houses are smaller than 97 NEWBURY LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

97 NEWBURY LANE: Plot and Title Map

97 NEWBURY LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 97 NEWBURY LANE, 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 97 NEWBURY LANE). 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 97 NEWBURY LANE?

97 NEWBURY LANE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 97 on NEWBURY LANE.