3, THE LENCHES, OLDBURY, B69 1BF - £148,500

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.

3 THE LENCHES is a midsized extended detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £236,003. It was last sold for £148,500 in May 2017, which was around 28% below the average May 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

3 THE LENCHES Sold Prices

Land registry data shows three sales for 3 THE LENCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 3 THE LENCHES 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
2017 2 MAY	£148,500	£205,620	28% below HPI
2005 1 JUL	£165,000	£167,451	1% below HPI
2004 3 DEC	£147,000	£165,122	11% below HPI

3 THE LENCHES 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 three 3 THE LENCHES sales between December 2004 and May 2017 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 THE LENCHES be worth now?

3 THE LENCHES might now be worth an estimated £236,003.

This is based on house price inflation of 58.9%, between May 2017 and June 2025, for 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 58.9% inflationary increase is applied to the most recent sale price for 3 THE LENCHES of £148,500 on 2nd May 2017. For the value to have increased from £148,500 to £236,003 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 3 THE LENCHES has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2017 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE LENCHES has not materially changed since May 2017.

How Large is 3 THE LENCHES?

3 THE LENCHES is 97m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowley Regis, and where 3 THE LENCHES lies on this distribution: 46% of detached houses houses are smaller than 3 THE LENCHES, and 53% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 THE LENCHES: Plot and Title Map

3 THE LENCHES sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 3 THE LENCHES, 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 THE LENCHES). 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 THE LENCHES?

3 THE LENCHES is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 3 on THE LENCHES.