7, PEAR TREE DRIVE, ROWLEY REGIS, B65 9QA - £275,000

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

7 PEAR TREE DRIVE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £275,000 in October 2023, which was around 18% below the average October 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

7 PEAR TREE DRIVE Sold Prices

Land registry data shows five sales for 7 PEAR TREE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the five 7 PEAR TREE DRIVE sales were 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
2023 6 OCT	£275,000	£336,151	18% below HPI
2016 23 SEP	£152,500	£212,885	28% below HPI
2015 30 JAN	£139,500	£184,618	24% below HPI
2014 29 AUG	£160,000	£181,476	12% below HPI
2000 25 FEB	£80,000	£81,601	2% below HPI

7 PEAR TREE 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 five 7 PEAR TREE DRIVE sales between February 2000 and October 2023 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 September 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 PEAR TREE DRIVE?

7 PEAR TREE DRIVE is 72m² according to the EPC inspection conducted in July 2014. 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 7 PEAR TREE DRIVE lies on this distribution: 11% of detached houses are smaller than 7 PEAR TREE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

7 PEAR TREE DRIVE: Plot and Title Map

7 PEAR TREE DRIVE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 PEAR TREE 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 7 PEAR TREE 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 7 PEAR TREE DRIVE?

7 PEAR TREE DRIVE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 7 on PEAR TREE DRIVE.