24, BRADES RISE, OLDBURY, B69 2HG - £120,000

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.

24 BRADES RISE is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £133,271. It was last sold for £120,000 in August 2022, which was around 41% below the average August 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

24 BRADES RISE Sold Prices

Land registry data shows three sales for 24 BRADES RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. One of the three 24 BRADES RISE sales was for below the average price, whilst two 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
2022 31 AUG	£120,000	£202,393	41% below HPI
2003 30 OCT	£109,950	£88,260	25% above HPI
2002 15 MAR	£87,900	£59,675	47% above HPI

24 BRADES RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 24 BRADES RISE sales between March 2002 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 October 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 24 BRADES RISE be worth now?

24 BRADES RISE might now be worth an estimated £133,271.

This is based on house price inflation of 11.1%, between August 2022 and October 2025, for semi-detached 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 11.1% inflationary increase is applied to the most recent sale price for 24 BRADES RISE of £120,000 on 31st August 2022. For the value to have increased from £120,000 to £133,271 over the two years and ten months to October 2025, the following assumptions must hold true:

• The value of 24 BRADES RISE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The August 2022 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BRADES RISE has not materially changed since August 2022.

How Large is 24 BRADES RISE?

24 BRADES RISE is 69m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowley Regis, and where 24 BRADES RISE lies on this distribution: 8% of semi-detached houses houses are smaller than 24 BRADES RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

24 BRADES RISE: Plot and Title Map

24 BRADES RISE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 24 BRADES RISE, 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 24 BRADES RISE). 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 24 BRADES RISE?

24 BRADES RISE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 24 on BRADES RISE.