3, OLD SCHOOL DRIVE, ROWLEY REGIS, B65 8DD - £160,000

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

3 OLD SCHOOL DRIVE is a large detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £308,761. It was last sold for £160,000 in December 2008, which was around 3% below the average December 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 OLD SCHOOL DRIVE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL 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. One of the two 3 OLD SCHOOL DRIVE sales was for below the average price, whilst the other was 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
2008 19 DEC	£160,000	£164,244	3% below HPI
1999 30 JUL	£98,950	£71,215	39% above HPI

3 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 two 3 OLD SCHOOL DRIVE sales from July 1999 and December 2008 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 July 1999 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2008 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 OLD SCHOOL DRIVE be worth now?

3 OLD SCHOOL DRIVE might now be worth an estimated £308,761.

This is based on house price inflation of 93%, between December 2008 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 93% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL DRIVE of £160,000 on 19th December 2008. For the value to have increased from £160,000 to £308,761 over the sixteen years to December 2024, the following assumptions must hold true:

• The value of 3 OLD SCHOOL DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2008 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL DRIVE has not materially changed since December 2008.

How Large is 3 OLD SCHOOL DRIVE?

3 OLD SCHOOL DRIVE is 112m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowley Regis, and where 3 OLD SCHOOL DRIVE lies on this distribution: 71% of detached houses houses are smaller than 3 OLD SCHOOL DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 OLD SCHOOL DRIVE: Plot and Title Map

3 OLD SCHOOL DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 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 3 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 3 OLD SCHOOL DRIVE?

3 OLD SCHOOL DRIVE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 3 on OLD SCHOOL DRIVE.