4, FOREST ROAD, OLDBURY, B68 0EE - £170,000

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.

4 FOREST ROAD is a small terraced house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £269,348. It was last sold for £170,000 in June 2018, which was around 37% above the average June 2018 terraced price in the Sandwell local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

4 FOREST ROAD Sold Prices

Land registry data shows two sales for 4 FOREST ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. One of the two 4 FOREST ROAD sales was for above the average price, whilst the other was 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
2018 20 JUN	£170,000	£124,456	37% above HPI
2018 11 APR	£110,000	£122,835	10% below HPI

4 FOREST ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 4 FOREST ROAD sales from April 2018 and June 2018 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 FOREST ROAD be worth now?

4 FOREST ROAD might now be worth an estimated £269,348.

This is based on house price inflation of 58.4%, between June 2018 and April 2026, for terraced 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 58.4% inflationary increase is applied to the most recent sale price for 4 FOREST ROAD of £170,000 on 20th June 2018. For the value to have increased from £170,000 to £269,348 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 4 FOREST ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The June 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FOREST ROAD has not materially changed since June 2018.

How Large is 4 FOREST ROAD?

4 FOREST ROAD is 83m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 4 FOREST ROAD lies on this distribution: 29% of terraced houses houses are smaller than 4 FOREST ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

4 FOREST ROAD: Plot and Title Map

4 FOREST ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 FOREST 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 4 FOREST 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 4 FOREST ROAD?

4 FOREST ROAD is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 4 on FOREST ROAD.