12, GOLDBY DRIVE, WEDNESBURY, WS10 9LN - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 GOLDBY DRIVE is a midsized detached house of 94m², built sometime between 2003 and 2006. It was last sold for £185,000 in June 2014, which was around 7% above the average June 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

12 GOLDBY DRIVE Sold Prices

Land registry data shows two sales for 12 GOLDBY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 12 GOLDBY 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
2014 13 JUN	£185,000	£172,099	7% above HPI
2005 31 MAR	£182,000	£161,769	13% above HPI

12 GOLDBY 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 two 12 GOLDBY DRIVE sales from March 2005 and June 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 March 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 GOLDBY DRIVE be worth now?

12 GOLDBY DRIVE might now be worth an estimated £340,710.

This is based on house price inflation of 84.2%, between June 2014 and December 2024, for 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 84.2% inflationary increase is applied to the most recent sale price for 12 GOLDBY DRIVE of £185,000 on 13th June 2014. For the value to have increased from £185,000 to £340,710 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 12 GOLDBY DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOLDBY DRIVE has not materially changed since June 2014.

How Large is 12 GOLDBY DRIVE?

12 GOLDBY DRIVE is 94m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 12 GOLDBY DRIVE lies on this distribution: 46% of detached houses houses are smaller than 12 GOLDBY DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

12 GOLDBY DRIVE: Plot and Title Map

12 GOLDBY DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 12 GOLDBY 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 12 GOLDBY 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 12 GOLDBY DRIVE?

12 GOLDBY DRIVE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 12 on GOLDBY DRIVE.