1, LAW CLOSE, TIVIDALE, OLDBURY, B69 3JW - £293,500

1 LAW CLOSE is a large extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £293,500 in September 2021, which was around 1% below the average September 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

1 LAW CLOSE Sold Prices

Land registry data shows three sales for 1 LAW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 1 LAW CLOSE 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
2021 29 SEP	£293,500	£297,231	1% below HPI
2002 4 OCT	£85,000	£120,122	29% below HPI
1997 29 AUG	£51,000	£71,315	28% below HPI

1 LAW 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 three 1 LAW CLOSE sales between August 1997 and September 2021 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 October 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 LAW CLOSE?

1 LAW CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 1 LAW CLOSE lies on this distribution: 75% of detached houses are smaller than 1 LAW CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

1 LAW CLOSE: Plot and Title Map

1 LAW CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 LAW 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 1 LAW 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 1 LAW CLOSE?

1 LAW CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 1 on LAW CLOSE.