31, OLDACRE ROAD, OLDBURY, B68 0RL - £226,500

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.

31 OLDACRE ROAD is a small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £246,204. It was last sold for £226,500 in July 2022, which was around 13% above the average July 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

31 OLDACRE ROAD Sold Prices

Land registry data shows four sales for 31 OLDACRE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. two of the four 31 OLDACRE ROAD sales were for above the average price, and four 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 11 JUL	£226,500	£199,930	13% above HPI
2018 28 MAR	£84,000	£143,314	41% below HPI
2004 8 DEC	£115,000	£110,065	4% above HPI
2004 28 MAY	£93,000	£99,117	6% below HPI

31 OLDACRE ROAD 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 four 31 OLDACRE ROAD sales between May 2004 and July 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 March 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 31 OLDACRE ROAD be worth now?

31 OLDACRE ROAD might now be worth an estimated £246,204.

This is based on house price inflation of 8.7%, between July 2022 and February 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 8.7% inflationary increase is applied to the most recent sale price for 31 OLDACRE ROAD of £226,500 on 11th July 2022. For the value to have increased from £226,500 to £246,204 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 31 OLDACRE ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2022 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 31 OLDACRE ROAD has not materially changed since July 2022.

How Large is 31 OLDACRE ROAD?

31 OLDACRE ROAD is 84m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of semi-detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldbury, and where 31 OLDACRE ROAD lies on this distribution: 31% of semi-detached houses houses are smaller than 31 OLDACRE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

31 OLDACRE ROAD: Plot and Title Map

31 OLDACRE ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 31 OLDACRE 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 31 OLDACRE 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 31 OLDACRE ROAD?

31 OLDACRE ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 31 on OLDACRE ROAD.