16, PENSTOCK DRIVE, OLDBURY, B69 4TE - £159,000

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.

16 PENSTOCK DRIVE is a small semi-detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £315,330. It was last sold for £159,000 in July 2010, which was around 39% above the average July 2010 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

16 PENSTOCK DRIVE Sold Prices

Land registry data shows two sales for 16 PENSTOCK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 16 PENSTOCK 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
2010 26 JUL	£159,000	£114,793	39% above HPI
2002 23 MAY	£95,000	£62,607	52% above HPI

16 PENSTOCK DRIVE 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 two 16 PENSTOCK DRIVE sales from May 2002 and July 2010 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 May 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2010 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 16 PENSTOCK DRIVE be worth now?

16 PENSTOCK DRIVE might now be worth an estimated £315,330.

This is based on house price inflation of 98.3%, between July 2010 and July 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 98.3% inflationary increase is applied to the most recent sale price for 16 PENSTOCK DRIVE of £159,000 on 26th July 2010. For the value to have increased from £159,000 to £315,330 over the fifteen years to July 2025, the following assumptions must hold true:

• The value of 16 PENSTOCK DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2010 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENSTOCK DRIVE has not materially changed since July 2010.

How Large is 16 PENSTOCK DRIVE?

16 PENSTOCK DRIVE is 89m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% 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 16 PENSTOCK DRIVE lies on this distribution: 39% of semi-detached houses houses are smaller than 16 PENSTOCK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

16 PENSTOCK DRIVE: Plot and Title Map

16 PENSTOCK DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 16 PENSTOCK 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 16 PENSTOCK 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 16 PENSTOCK DRIVE?

16 PENSTOCK DRIVE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 16 on PENSTOCK DRIVE.