4, MILDRED WAY, ROWLEY REGIS, B65 9SQ - £79,950

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

4 MILDRED WAY is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £253,192. It was last sold for £79,950 in April 2002, which was around 20% below the average April 2002 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

4 MILDRED WAY Sold Prices

Land registry data shows three sales for 4 MILDRED WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 4 MILDRED WAY 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
2002 24 APR	£79,950	£100,083	20% below HPI
2000 12 MAY	£63,000	£75,048	16% below HPI
1996 26 JUL	£51,000	£62,891	19% below HPI

4 MILDRED WAY 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 three 4 MILDRED WAY sales between July 1996 and April 2002 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2002 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 MILDRED WAY be worth now?

4 MILDRED WAY might now be worth an estimated £253,192.

This is based on house price inflation of 216.7%, between April 2002 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 216.7% inflationary increase is applied to the most recent sale price for 4 MILDRED WAY of £79,950 on 24th April 2002. For the value to have increased from £79,950 to £253,192 over the 21 years and four months to December 2024, the following assumptions must hold true:

• The value of 4 MILDRED WAY has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The April 2002 sale price of £79,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MILDRED WAY has not materially changed since April 2002.

How Large is 4 MILDRED WAY?

4 MILDRED WAY is 59m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 4 MILDRED WAY lies on this distribution: 3% of detached houses houses are smaller than 4 MILDRED WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

4 MILDRED WAY: Plot and Title Map

4 MILDRED WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 MILDRED WAY, 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 4 MILDRED WAY). 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 4 MILDRED WAY?

4 MILDRED WAY is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 4 on MILDRED WAY.