3, WAKEMAN DRIVE, TIVIDALE, OLDBURY, B69 1NQ - £240,000

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 WAKEMAN DRIVE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £300,937. It was last sold for £240,000 in March 2021, which was around 5% below the average March 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

3 WAKEMAN DRIVE Sold Prices

Land registry data shows four sales for 3 WAKEMAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 3 WAKEMAN 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
2021 4 MAR	£240,000	£252,771	5% below HPI
2018 6 APR	£210,000	£220,618	5% below HPI
2005 7 DEC	£157,500	£171,033	8% below HPI
2003 21 NOV	£128,995	£137,369	6% below HPI

3 WAKEMAN 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 four 3 WAKEMAN DRIVE sales between November 2003 and March 2021 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 April 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, which was also at 5% below the HPI.

What might 3 WAKEMAN DRIVE be worth now?

3 WAKEMAN DRIVE might now be worth an estimated £300,937.

This is based on house price inflation of 25.4%, between March 2021 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 25.4% inflationary increase is applied to the most recent sale price for 3 WAKEMAN DRIVE of £240,000 on 4th March 2021. For the value to have increased from £240,000 to £300,937 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 3 WAKEMAN DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WAKEMAN DRIVE has not materially changed since March 2021.

How Large is 3 WAKEMAN DRIVE?

3 WAKEMAN DRIVE is 74m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 WAKEMAN DRIVE lies on this distribution: 14% of detached houses houses are smaller than 3 WAKEMAN DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

3 WAKEMAN DRIVE: Plot and Title Map

3 WAKEMAN DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 WAKEMAN 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 WAKEMAN 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 WAKEMAN DRIVE?

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