22, WATERWAYS DRIVE, OLDBURY, B69 2EX - £100,000

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

22 WATERWAYS DRIVE is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £138,029. It was last sold for £100,000 in December 2018, which was around 56% below the average December 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

22 WATERWAYS DRIVE Sold Prices

Land registry data shows three sales for 22 WATERWAYS 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 22 WATERWAYS DRIVE sales were for below 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
2018 14 DEC	£100,000	£229,626	56% below HPI
2006 5 OCT	£95,000	£177,439	46% below HPI
1999 19 NOV	£39,000	£75,011	48% below HPI

22 WATERWAYS 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 22 WATERWAYS DRIVE sales between November 1999 and December 2018 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 October 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2018 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 22 WATERWAYS DRIVE be worth now?

22 WATERWAYS DRIVE might now be worth an estimated £138,029.

This is based on house price inflation of 38%, between December 2018 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 38% inflationary increase is applied to the most recent sale price for 22 WATERWAYS DRIVE of £100,000 on 14th December 2018. For the value to have increased from £100,000 to £138,029 over the six years to December 2024, the following assumptions must hold true:

• The value of 22 WATERWAYS DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2018 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WATERWAYS DRIVE has not materially changed since December 2018.

How Large is 22 WATERWAYS DRIVE?

22 WATERWAYS DRIVE is 57m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldbury, and where 22 WATERWAYS DRIVE lies on this distribution: 2% of detached houses houses are smaller than 22 WATERWAYS DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

22 WATERWAYS DRIVE: Plot and Title Map

22 WATERWAYS DRIVE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 22 WATERWAYS 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 22 WATERWAYS 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 22 WATERWAYS DRIVE?

22 WATERWAYS DRIVE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 22 on WATERWAYS DRIVE.