12, PALLADIUM DRIVE, HALESOWEN, B62 9JP - £360,000

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 PALLADIUM DRIVE is a large detached house of 114m², which could now be worth an estimated £386,492. It was last sold for £360,000 in May 2022, which was around 11% above the average May 2022 detached price in the Dudley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

12 PALLADIUM DRIVE Sold Prices

Land registry data shows two sales for 12 PALLADIUM 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 Dudley local authority area for the corresponding sale date. Both of the two 12 PALLADIUM 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
2022 26 MAY	£360,000	£322,961	11% above HPI
2019 27 NOV	£316,995	£268,188	18% above HPI

12 PALLADIUM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 12 PALLADIUM DRIVE sales from November 2019 and May 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 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 12 PALLADIUM DRIVE be worth now?

12 PALLADIUM DRIVE might now be worth an estimated £386,492.

This is based on house price inflation of 7.4%, between May 2022 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.4% inflationary increase is applied to the most recent sale price for 12 PALLADIUM DRIVE of £360,000 on 26th May 2022. For the value to have increased from £360,000 to £386,492 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 12 PALLADIUM DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PALLADIUM DRIVE has not materially changed since May 2022.

How Large is 12 PALLADIUM DRIVE?

12 PALLADIUM DRIVE is 114m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 12 PALLADIUM DRIVE lies on this distribution: 62% of detached houses houses are smaller than 12 PALLADIUM DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

12 PALLADIUM DRIVE: Plot and Title Map

12 PALLADIUM DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 PALLADIUM 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 PALLADIUM 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 PALLADIUM DRIVE?

12 PALLADIUM DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 12 on PALLADIUM DRIVE.