59, NEWLANDS DRIVE, HALESOWEN, B62 9DZ - £295,000

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

59 NEWLANDS DRIVE is a very large extended detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £459,423. It was last sold for £295,000 in May 2016, which was around 33% above the average May 2016 detached price in the Dudley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

59 NEWLANDS DRIVE Sold Prices

Land registry data shows two sales for 59 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 59 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
2016 6 MAY	£295,000	£222,637	33% above HPI
2003 10 JUN	£150,000	£159,637	6% below HPI

59 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 59 NEWLANDS DRIVE sales from June 2003 and May 2016 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 June 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2016 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 59 NEWLANDS DRIVE be worth now?

59 NEWLANDS DRIVE might now be worth an estimated £459,423.

This is based on house price inflation of 55.7%, between May 2016 and December 2024, 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 55.7% inflationary increase is applied to the most recent sale price for 59 NEWLANDS DRIVE of £295,000 on 6th May 2016. For the value to have increased from £295,000 to £459,423 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 59 NEWLANDS DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The May 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 59 NEWLANDS DRIVE has not materially changed since May 2016.

How Large is 59 NEWLANDS DRIVE?

59 NEWLANDS DRIVE is 160m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 59 NEWLANDS DRIVE lies on this distribution: 91% of detached houses houses are smaller than 59 NEWLANDS DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

59 NEWLANDS DRIVE: Plot and Title Map

59 NEWLANDS DRIVE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 59 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 59 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 59 NEWLANDS DRIVE?

59 NEWLANDS DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 59 on NEWLANDS DRIVE.