4, OLD SCHOOL DRIVE, ROWLEY REGIS, B65 8DD - £213,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 OLD SCHOOL DRIVE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £213,000 in March 2018, which was around 8% below the average March 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

4 OLD SCHOOL DRIVE Sold Prices

Land registry data shows three sales for 4 OLD SCHOOL DRIVE 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. Two of the three 4 OLD SCHOOL DRIVE sales were for below the average price, whilst one 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
2018 20 MAR	£213,000	£230,354	8% below HPI
2016 29 JUL	£187,000	£208,189	10% below HPI
2007 27 APR	£195,000	£192,116	2% above HPI

4 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 three 4 OLD SCHOOL DRIVE sales between April 2007 and March 2018 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 OLD SCHOOL DRIVE?

4 OLD SCHOOL DRIVE is 72m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 4 OLD SCHOOL DRIVE lies on this distribution: 11% of detached houses are smaller than 4 OLD SCHOOL DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

4 OLD SCHOOL DRIVE: Plot and Title Map

4 OLD SCHOOL DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 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 4 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 4 OLD SCHOOL DRIVE?

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