40, THEODORE CLOSE, OLDBURY, B69 3EF - £145,000

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.

40 THEODORE CLOSE is a small extended terraced house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £265,263. It was last sold for £145,000 in March 2007, which was around 37% above the average March 2007 terraced price in the Sandwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

40 THEODORE CLOSE Sold Prices

Land registry data shows one sale for 40 THEODORE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 9 MAR	£145,000	£106,161	37% above HPI

What might 40 THEODORE CLOSE be worth now?

40 THEODORE CLOSE might now be worth an estimated £265,263.

This is based on house price inflation of 82.9%, between March 2007 and May 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 82.9% inflationary increase is applied to the most recent sale price for 40 THEODORE CLOSE of £145,000 on 9th March 2007. For the value to have increased from £145,000 to £265,263 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 40 THEODORE CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The March 2007 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THEODORE CLOSE has not materially changed since March 2007.

How Large is 40 THEODORE CLOSE?

40 THEODORE CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of terraced houses in Rowley Regis, based on EPC data. The below chart shows the distribution of terraced houses by size in Rowley Regis, and where 40 THEODORE CLOSE lies on this distribution: 38% of terraced houses are smaller than 40 THEODORE CLOSE, and 59% of terraced houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

40 THEODORE CLOSE: Plot

40 THEODORE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 40 THEODORE CLOSE?

40 THEODORE CLOSE is located in OLDBURY, in the B69 postcode district.