2, GOWSHALL DRIVE, OLDBURY, B68 8SU - £139,000

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.

2 GOWSHALL DRIVE is a large terraced house of 108m², built sometime from 2007 onwards, which could now be worth an estimated £263,200. It was last sold for £139,000 in October 2014, which was around 37% above the average October 2014 terraced price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 GOWSHALL DRIVE Sold Prices

Land registry data shows two sales for 2 GOWSHALL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Both of the two 2 GOWSHALL 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 29 OCT	£139,000	£101,216	37% above HPI
2011 19 AUG	£167,995	£95,665	76% above HPI

2 GOWSHALL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 2 GOWSHALL DRIVE sales from August 2011 and October 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 August 2011 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 GOWSHALL DRIVE be worth now?

2 GOWSHALL DRIVE might now be worth an estimated £263,200.

This is based on house price inflation of 89.4%, between October 2014 and July 2025, 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 89.4% inflationary increase is applied to the most recent sale price for 2 GOWSHALL DRIVE of £139,000 on 29th October 2014. For the value to have increased from £139,000 to £263,200 over the eleven years and three months to July 2025, the following assumptions must hold true:

• The value of 2 GOWSHALL DRIVE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The October 2014 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GOWSHALL DRIVE has not materially changed since October 2014.

How Large is 2 GOWSHALL DRIVE?

2 GOWSHALL DRIVE is 108m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 2 GOWSHALL DRIVE lies on this distribution: 64% of terraced houses houses are smaller than 2 GOWSHALL DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

2 GOWSHALL DRIVE: Plot and Title Map

2 GOWSHALL DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 GOWSHALL 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 2 GOWSHALL 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 2 GOWSHALL DRIVE?

2 GOWSHALL DRIVE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 2 on GOWSHALL DRIVE.