52, MERTON CLOSE, OLDBURY, B68 8NG - £116,000

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.

52 MERTON CLOSE is a midsized terraced house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £223,608. It was last sold for £116,000 in May 2014, which was around 18% above the average May 2014 terraced price in the Sandwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

52 MERTON CLOSE Sold Prices

Land registry data shows three sales for 52 MERTON CLOSE 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. Two of the three 52 MERTON CLOSE sales were for above the average price, whilst one 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
2014 16 MAY	£116,000	£98,225	18% above HPI
2007 5 JAN	£104,000	£107,107	3% below HPI
2000 11 FEB	£44,000	£39,659	11% above HPI

52 MERTON CLOSE 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 52 MERTON CLOSE sales between February 2000 and May 2014 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 January 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 52 MERTON CLOSE be worth now?

52 MERTON CLOSE might now be worth an estimated £223,608.

This is based on house price inflation of 92.8%, between May 2014 and October 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 92.8% inflationary increase is applied to the most recent sale price for 52 MERTON CLOSE of £116,000 on 16th May 2014. For the value to have increased from £116,000 to £223,608 over the ten years and seven months to October 2025, the following assumptions must hold true:

• The value of 52 MERTON CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The May 2014 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 52 MERTON CLOSE has not materially changed since May 2014.

How Large is 52 MERTON CLOSE?

52 MERTON CLOSE is 92m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% 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 52 MERTON CLOSE lies on this distribution: 43% of terraced houses houses are smaller than 52 MERTON CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

52 MERTON CLOSE: Plot and Title Map

52 MERTON CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 52 MERTON CLOSE, 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 52 MERTON CLOSE). 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 52 MERTON CLOSE?

52 MERTON CLOSE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 52 on MERTON CLOSE.