28, MIDHILL DRIVE, ROWLEY REGIS, B65 9SD - £250,000

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

28 MIDHILL DRIVE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £250,000 in December 2023, which was around 25% below the average December 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

28 MIDHILL DRIVE Sold Prices

Land registry data shows two sales for 28 MIDHILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 28 MIDHILL 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
2023 19 DEC	£250,000	£333,691	25% below HPI
1999 7 MAY	£54,000	£72,932	26% below HPI

28 MIDHILL 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 two 28 MIDHILL DRIVE sales from May 1999 and December 2023 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 MIDHILL DRIVE?

28 MIDHILL DRIVE is 75m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% 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 28 MIDHILL DRIVE lies on this distribution: 15% of detached houses are smaller than 28 MIDHILL DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

28 MIDHILL DRIVE: Plot and Title Map

28 MIDHILL DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 28 MIDHILL 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 28 MIDHILL 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 28 MIDHILL DRIVE?

28 MIDHILL DRIVE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 28 on MIDHILL DRIVE.