55, NEWLANDS DRIVE, HALESOWEN, B62 9DZ - £287,000

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.

55 NEWLANDS DRIVE is a large extended detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £485,822. It was last sold for £287,000 in November 2014, which was around 39% above the average November 2014 detached price in the Dudley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

55 NEWLANDS DRIVE Sold Prices

Land registry data shows two sales for 55 NEWLANDS 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 Dudley local authority area for the corresponding sale date. One of the two 55 NEWLANDS DRIVE sales was for above the average price, whilst the other was 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
2014 21 NOV	£287,000	£206,219	39% above HPI
2004 1 NOV	£171,000	£191,490	11% below HPI

55 NEWLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 55 NEWLANDS DRIVE sales from November 2004 and November 2014 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 November 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 55 NEWLANDS DRIVE be worth now?

55 NEWLANDS DRIVE might now be worth an estimated £485,822.

This is based on house price inflation of 69.3%, between November 2014 and July 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.3% inflationary increase is applied to the most recent sale price for 55 NEWLANDS DRIVE of £287,000 on 21st November 2014. For the value to have increased from £287,000 to £485,822 over the eleven years and four months to July 2025, the following assumptions must hold true:

• The value of 55 NEWLANDS DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2014 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 55 NEWLANDS DRIVE has not materially changed since November 2014.

How Large is 55 NEWLANDS DRIVE?

55 NEWLANDS DRIVE is 120m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 55 NEWLANDS DRIVE lies on this distribution: 68% of detached houses houses are smaller than 55 NEWLANDS DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

55 NEWLANDS DRIVE: Plot and Title Map

55 NEWLANDS DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 55 NEWLANDS 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 55 NEWLANDS 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 55 NEWLANDS DRIVE?

55 NEWLANDS DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 55 on NEWLANDS DRIVE.