40, BERESFORD ROAD, OLDBURY, B69 4HB - £122,500

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.

40 BERESFORD ROAD is a very small extended terraced house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £184,111. It was last sold for £122,500 in June 2018, which was around 2% below the average June 2018 terraced price in the Sandwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 BERESFORD ROAD Sold Prices

Land registry data shows three sales for 40 BERESFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. The three 40 BERESFORD ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2018 29 JUN	£122,500	£124,456	2% below HPI
2014 19 DEC	£105,000	£100,213	5% above HPI
1997 2 MAY	£35,000	£34,854	Close to HPI

40 BERESFORD 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 three 40 BERESFORD ROAD sales between May 1997 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 December 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 40 BERESFORD ROAD be worth now?

40 BERESFORD ROAD might now be worth an estimated £184,111.

This is based on house price inflation of 50.3%, between June 2018 and June 2025, 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 50.3% inflationary increase is applied to the most recent sale price for 40 BERESFORD ROAD of £122,500 on 29th June 2018. For the value to have increased from £122,500 to £184,111 over the seven years to June 2025, the following assumptions must hold true:

• The value of 40 BERESFORD ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The June 2018 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 40 BERESFORD ROAD has not materially changed since June 2018.

How Large is 40 BERESFORD ROAD?

40 BERESFORD ROAD is 79m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of terraced houses houses in Smethwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Smethwick, and where 40 BERESFORD ROAD lies on this distribution: 12% of terraced houses houses are smaller than 40 BERESFORD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

40 BERESFORD ROAD: Plot and Title Map

40 BERESFORD ROAD sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 40 BERESFORD 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 40 BERESFORD 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 40 BERESFORD ROAD?

40 BERESFORD ROAD is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 40 on BERESFORD ROAD.