116, OLDACRE ROAD, OLDBURY, B68 0RF - £175,000

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.

116 OLDACRE ROAD is a small terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £194,917. It was last sold for £175,000 in April 2023, which was about the average April 2023 terraced price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

116 OLDACRE ROAD Sold Prices

Land registry data shows two sales for 116 OLDACRE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. One of the two 116 OLDACRE ROAD sales was roughly equal to the average price, whilst the other was 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
2023 21 APR	£175,000	£174,366	Close to HPI
2007 27 JUL	£95,000	£109,551	13% below HPI

116 OLDACRE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 116 OLDACRE ROAD sales from July 2007 and April 2023 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 July 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 116 OLDACRE ROAD be worth now?

116 OLDACRE ROAD might now be worth an estimated £194,917.

This is based on house price inflation of 11.4%, between April 2023 and May 2026, for terraced 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 11.4% inflationary increase is applied to the most recent sale price for 116 OLDACRE ROAD of £175,000 on 21st April 2023. For the value to have increased from £175,000 to £194,917 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 116 OLDACRE ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The April 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 116 OLDACRE ROAD has not materially changed since April 2023.

How Large is 116 OLDACRE ROAD?

116 OLDACRE ROAD is 84m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 116 OLDACRE ROAD lies on this distribution: 31% of terraced houses houses are smaller than 116 OLDACRE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

116 OLDACRE ROAD: Plot and Title Map

116 OLDACRE ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 116 OLDACRE 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 116 OLDACRE 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 116 OLDACRE ROAD?

116 OLDACRE ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 116 on OLDACRE ROAD.