3, MALLEN DRIVE, TIVIDALE, OLDBURY, B69 1LX - £205,500

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

3 MALLEN DRIVE is a large detached house of 110m², built sometime between 2003 and 2006. It was last sold for £205,500 in January 2014, which was around 17% above the average January 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

3 MALLEN DRIVE Sold Prices

Land registry data shows two sales for 3 MALLEN 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 3 MALLEN 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 31 JAN	£205,500	£175,045	17% above HPI
2004 26 MAR	£176,995	£155,602	14% above HPI

3 MALLEN 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 3 MALLEN DRIVE sales from March 2004 and January 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 March 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 MALLEN DRIVE?

3 MALLEN DRIVE is 110m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 3 MALLEN DRIVE lies on this distribution: 66% of detached houses are smaller than 3 MALLEN DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 MALLEN DRIVE: Plot and Title Map

3 MALLEN DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 MALLEN 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 3 MALLEN 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 3 MALLEN DRIVE?

3 MALLEN DRIVE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 3 on MALLEN DRIVE.