3, LENWADE ROAD, OLDBURY, B68 9JU - £234,000

3 LENWADE ROAD is a large extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £234,000 in June 2021, which was around 15% below the average June 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

3 LENWADE ROAD Sold Prices

Land registry data shows six sales for 3 LENWADE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the six 3 LENWADE 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
2021 24 JUN	£234,000	£275,906	15% below HPI
2019 4 APR	£214,000	£243,423	12% below HPI
2018 10 DEC	£165,000	£243,670	32% below HPI
2005 20 JAN	£160,000	£173,636	8% below HPI
1997 2 JAN	£51,000	£69,586	27% below HPI
1995 26 APR	£90,000	£63,333	42% above HPI

3 LENWADE 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 six 3 LENWADE ROAD sales between April 1995 and June 2021 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 April 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 LENWADE ROAD?

3 LENWADE ROAD is 117m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 3 LENWADE ROAD lies on this distribution: 71% of detached houses are smaller than 3 LENWADE ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

3 LENWADE ROAD: Plot and Title Map

3 LENWADE ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 LENWADE 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 3 LENWADE 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 3 LENWADE ROAD?

3 LENWADE ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 3 on LENWADE ROAD.