3, REGAN DRIVE, OLDBURY, B69 2GB - £227,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 REGAN DRIVE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £227,500 in April 2023, which was around 31% below the average April 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 REGAN DRIVE Sold Prices

Land registry data shows two sales for 3 REGAN 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 REGAN 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 28 APR	£227,500	£330,464	31% below HPI
2002 30 MAY	£96,950	£107,116	9% below HPI

3 REGAN 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 REGAN DRIVE sales from May 2002 and April 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 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 REGAN DRIVE?

3 REGAN DRIVE is 65m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 3 REGAN DRIVE lies on this distribution: 6% of detached houses are smaller than 3 REGAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

3 REGAN DRIVE: Plot and Title Map

3 REGAN DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 REGAN 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 REGAN 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 REGAN DRIVE?

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