1, SPENCER CLOSE, TIVIDALE, OLDBURY, B69 1NG - £290,000

1 SPENCER CLOSE is a large detached house of 113m², built sometime between 2003 and 2006. It was last sold for £290,000 in April 2018, which was around 24% above the average April 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 1 SPENCER 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 SPENCER CLOSE sales were 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
2018 6 APR	£290,000	£234,112	24% above HPI
2015 21 DEC	£228,000	£201,119	13% above HPI
2002 7 JUN	£155,950	£108,437	44% above HPI

1 SPENCER 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 SPENCER CLOSE sales between June 2002 and April 2018 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 December 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1 SPENCER CLOSE?

1 SPENCER CLOSE is 113m² according to the EPC inspection conducted in April 2016. 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 SPENCER CLOSE lies on this distribution: 73% of detached houses are smaller than 1 SPENCER CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

1 SPENCER CLOSE: Plot and Title Map

1 SPENCER CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 SPENCER 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 SPENCER 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 SPENCER CLOSE?

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