2, CHESTNUT ROAD, OLDBURY, B68 0AX - £238,000

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.

2 CHESTNUT ROAD is a small extended terraced house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £349,495. It was last sold for £238,000 in February 2019, which was around 85% above the average February 2019 terraced price in the Sandwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 2 CHESTNUT 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. Both of the two 2 CHESTNUT ROAD 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
2019 8 FEB	£238,000	£128,940	85% above HPI
1999 29 JAN	£78,000	£36,109	116% above HPI

2 CHESTNUT 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 2 CHESTNUT ROAD sales from January 1999 and February 2019 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 January 1999 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the February 2019 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 2 CHESTNUT ROAD be worth now?

2 CHESTNUT ROAD might now be worth an estimated £349,495.

This is based on house price inflation of 46.8%, between February 2019 and October 2025, 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 46.8% inflationary increase is applied to the most recent sale price for 2 CHESTNUT ROAD of £238,000 on 8th February 2019. For the value to have increased from £238,000 to £349,495 over the five years and four months to October 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The February 2019 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT ROAD has not materially changed since February 2019.

How Large is 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is 87m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 2 CHESTNUT ROAD lies on this distribution: 35% of terraced houses houses are smaller than 2 CHESTNUT ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

2 CHESTNUT ROAD: Plot and Title Map

2 CHESTNUT ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 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 2 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 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 2 on CHESTNUT ROAD.