40, WAKEMAN DRIVE, TIVIDALE, OLDBURY, B69 1NQ - £185,000

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

40 WAKEMAN DRIVE is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £342,752. It was last sold for £185,000 in June 2006, which was around 8% above the average June 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 WAKEMAN DRIVE Sold Prices

Land registry data shows two sales for 40 WAKEMAN 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 40 WAKEMAN 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
2006 30 JUN	£185,000	£171,074	8% above HPI
2003 31 JUL	£171,995	£131,463	31% above HPI

40 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 two 40 WAKEMAN DRIVE sales from July 2003 and June 2006 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 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2006 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 40 WAKEMAN DRIVE be worth now?

40 WAKEMAN DRIVE might now be worth an estimated £342,752.

This is based on house price inflation of 85.3%, between June 2006 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 85.3% inflationary increase is applied to the most recent sale price for 40 WAKEMAN DRIVE of £185,000 on 30th June 2006. For the value to have increased from £185,000 to £342,752 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 40 WAKEMAN DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2006 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WAKEMAN DRIVE has not materially changed since June 2006.

How Large is 40 WAKEMAN DRIVE?

40 WAKEMAN DRIVE is 104m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 40 WAKEMAN DRIVE lies on this distribution: 55% of detached houses houses are smaller than 40 WAKEMAN DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

40 WAKEMAN DRIVE: Plot and Title Map

40 WAKEMAN DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 40 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 40 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 40 WAKEMAN DRIVE?

40 WAKEMAN DRIVE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 40 on WAKEMAN DRIVE.