2, LOWER CITY ROAD, TIVIDALE, OLDBURY, B69 2HA - £239,500

2 LOWER CITY ROAD is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £239,500 in August 2022, which was around 25% below the average August 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 LOWER CITY ROAD Sold Prices

Land registry data shows two sales for 2 LOWER CITY ROAD 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 2 LOWER CITY ROAD 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
2022 22 AUG	£239,500	£318,260	25% below HPI
2011 20 JUL	£135,000	£176,971	24% below HPI

2 LOWER CITY ROAD 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 2 LOWER CITY ROAD sales from July 2011 and August 2022 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 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 LOWER CITY ROAD?

2 LOWER CITY ROAD is 76m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 2 LOWER CITY ROAD lies on this distribution: 16% of detached houses are smaller than 2 LOWER CITY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

2 LOWER CITY ROAD: Plot and Title Map

2 LOWER CITY ROAD sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 2 LOWER CITY 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 LOWER CITY 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 LOWER CITY ROAD?

2 LOWER CITY ROAD is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 2 on LOWER CITY ROAD.