25, OLD SCHOOL DRIVE, ROWLEY REGIS, B65 8DD - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 OLD SCHOOL DRIVE is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £325,000 in July 2022, which was around 3% above the average July 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

25 OLD SCHOOL DRIVE Sold Prices

Land registry data shows five sales for 25 OLD SCHOOL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the five 25 OLD SCHOOL 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 8 JUL	£325,000	£315,202	3% above HPI
2016 17 JUN	£227,000	£207,408	9% above HPI
2009 3 DEC	£174,950	£176,954	1% below HPI
2005 14 JAN	£198,000	£173,636	14% above HPI
1999 24 JUN	£96,500	£73,864	31% above HPI

25 OLD SCHOOL 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 five 25 OLD SCHOOL DRIVE sales between June 1999 and July 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 June 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 25 OLD SCHOOL DRIVE?

25 OLD SCHOOL DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 25 OLD SCHOOL DRIVE lies on this distribution: 36% of detached houses are smaller than 25 OLD SCHOOL DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

25 OLD SCHOOL DRIVE: Plot and Title Map

25 OLD SCHOOL DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 25 OLD SCHOOL 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 25 OLD SCHOOL 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 25 OLD SCHOOL DRIVE?

25 OLD SCHOOL DRIVE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 25 on OLD SCHOOL DRIVE.