22, WESTMEAD DRIVE, OLDBURY, B68 8QB - £200,000

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.

22 WESTMEAD DRIVE is a small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £296,571. It was last sold for £200,000 in May 2018, which was around 36% above the average May 2018 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

22 WESTMEAD DRIVE Sold Prices

Land registry data shows three sales for 22 WESTMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three 22 WESTMEAD 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
2018 18 MAY	£200,000	£146,557	36% above HPI
2014 19 SEP	£158,000	£114,372	38% above HPI
2006 1 DEC	£135,000	£122,823	10% above HPI

22 WESTMEAD 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 three 22 WESTMEAD DRIVE sales between December 2006 and May 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 September 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 22 WESTMEAD DRIVE be worth now?

22 WESTMEAD DRIVE might now be worth an estimated £296,571.

This is based on house price inflation of 48.3%, between May 2018 and February 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 48.3% inflationary increase is applied to the most recent sale price for 22 WESTMEAD DRIVE of £200,000 on 18th May 2018. For the value to have increased from £200,000 to £296,571 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 22 WESTMEAD DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The May 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WESTMEAD DRIVE has not materially changed since May 2018.

How Large is 22 WESTMEAD DRIVE?

22 WESTMEAD DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 22 WESTMEAD DRIVE lies on this distribution: 31% of semi-detached houses houses are smaller than 22 WESTMEAD DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

22 WESTMEAD DRIVE: Plot and Title Map

22 WESTMEAD DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 22 WESTMEAD 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 WESTMEAD 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 WESTMEAD DRIVE?

22 WESTMEAD DRIVE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 22 on WESTMEAD DRIVE.