1, OLD SCHOOL DRIVE, ROWLEY REGIS, B65 8DD - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OLD SCHOOL DRIVE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £305,000 in September 2020, which was around 21% above the average September 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 OLD SCHOOL DRIVE Sold Prices

Land registry data shows three sales for 1 OLD SCHOOL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 1 OLD SCHOOL DRIVE sales were for 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
2020 29 SEP	£305,000	£252,748	21% above HPI
2004 25 JUN	£225,000	£163,745	37% above HPI
1999 29 JUL	£120,500	£75,571	59% above HPI

1 OLD SCHOOL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 1 OLD SCHOOL DRIVE sales between July 1999 and September 2020 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 June 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 OLD SCHOOL DRIVE?

1 OLD SCHOOL DRIVE is 116m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 1 OLD SCHOOL DRIVE lies on this distribution: 77% of detached houses are smaller than 1 OLD SCHOOL DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

1 OLD SCHOOL DRIVE: Plot and Title Map

1 OLD SCHOOL DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 OLD SCHOOL DRIVE, 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 1 OLD SCHOOL DRIVE). 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 1 OLD SCHOOL DRIVE?

1 OLD SCHOOL DRIVE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 1 on OLD SCHOOL DRIVE.