KELISA, BRADES ROAD, OLDBURY, B69 2EP - £108,500

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.

KELISA is a very small semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £153,041. It was last sold for £108,500 in July 2019, which was around 30% below the average July 2019 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

KELISA Sold Prices

Land registry data shows three sales for KELISA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three KELISA 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
2019 23 JUL	£108,500	£154,073	30% below HPI
2006 21 AUG	£50,000	£118,832	58% below HPI
2003 22 OCT	£41,000	£88,260	54% below HPI

KELISA 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 three KELISA sales between October 2003 and July 2019 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 August 2006 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might KELISA be worth now?

KELISA might now be worth an estimated £153,041.

This is based on house price inflation of 41.1%, between July 2019 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 41.1% inflationary increase is applied to the most recent sale price for KELISA of £108,500 on 23rd July 2019. For the value to have increased from £108,500 to £153,041 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of KELISA has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2019 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of KELISA has not materially changed since July 2019.

How Large is KELISA?

KELISA is 71m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 KELISA lies on this distribution: 10% of semi-detached houses houses are smaller than KELISA, and 90% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

KELISA: Plot and Title Map

KELISA sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of KELISA, 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 KELISA). 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 KELISA?

KELISA is located on BRADES ROAD in OLDBURY, in the B69 postcode district. The below map shows the position of KELISA on BRADES ROAD.