4, OLD COLLEGE DRIVE, WEDNESBURY, WS10 0DD - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 OLD COLLEGE DRIVE is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £366,862. It was last sold for £345,000 in June 2022, which was around 17% above the average June 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

4 OLD COLLEGE DRIVE Sold Prices

Land registry data shows two sales for 4 OLD COLLEGE 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 4 OLD COLLEGE 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
2022 1 JUN	£345,000	£293,983	17% above HPI
2008 6 FEB	£250,000	£189,824	32% above HPI

4 OLD COLLEGE 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 4 OLD COLLEGE DRIVE sales from February 2008 and June 2022 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 February 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 OLD COLLEGE DRIVE be worth now?

4 OLD COLLEGE DRIVE might now be worth an estimated £366,862.

This is based on house price inflation of 6.3%, between June 2022 and March 2025, 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 6.3% inflationary increase is applied to the most recent sale price for 4 OLD COLLEGE DRIVE of £345,000 on 1st June 2022. For the value to have increased from £345,000 to £366,862 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 4 OLD COLLEGE DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD COLLEGE DRIVE has not materially changed since June 2022.

How Large is 4 OLD COLLEGE DRIVE?

4 OLD COLLEGE DRIVE is 115m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 4 OLD COLLEGE DRIVE lies on this distribution: 60% of detached houses houses are smaller than 4 OLD COLLEGE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

4 OLD COLLEGE DRIVE: Plot and Title Map

4 OLD COLLEGE DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 4 OLD COLLEGE 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 4 OLD COLLEGE 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 4 OLD COLLEGE DRIVE?

4 OLD COLLEGE DRIVE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 4 on OLD COLLEGE DRIVE.