22, LAW CLOSE, TIVIDALE, OLDBURY, B69 3JW - £235,000

22 LAW CLOSE is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £235,000 in May 2023, which was around 28% below the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

22 LAW CLOSE Sold Prices

Land registry data shows two sales for 22 LAW CLOSE 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 22 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
2023 3 MAY	£235,000	£326,222	28% below HPI
1997 28 OCT	£45,000	£71,812	37% below HPI

22 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 two 22 LAW CLOSE sales from October 1997 and May 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 October 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 22 LAW CLOSE?

22 LAW CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 22 LAW CLOSE lies on this distribution: 42% of detached houses are smaller than 22 LAW CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

22 LAW CLOSE: Plot and Title Map

22 LAW CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 22 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 22 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 22 LAW CLOSE?

22 LAW CLOSE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 22 on LAW CLOSE.