88, OAKWOOD ROAD, HOLLYWOOD, BIRMINGHAM, B47 5DX - £400,000

88 OAKWOOD ROAD is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £400,000 in August 2022, which was around 21% below the average August 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.

88 OAKWOOD ROAD Sold Prices

Land registry data shows two sales for 88 OAKWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 88 OAKWOOD ROAD 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
2022 31 AUG	£400,000	£507,742	21% below HPI
2020 20 NOV	£275,000	£456,675	40% below HPI

88 OAKWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 88 OAKWOOD ROAD sales from November 2020 and August 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 November 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 88 OAKWOOD ROAD?

88 OAKWOOD ROAD is 85m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 20% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 88 OAKWOOD ROAD lies on this distribution: 15% of detached houses are smaller than 88 OAKWOOD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

88 OAKWOOD ROAD: Plot and Title Map

88 OAKWOOD ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 88 OAKWOOD 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 88 OAKWOOD 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 88 OAKWOOD ROAD?

88 OAKWOOD ROAD is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 88 on OAKWOOD ROAD.