78, STEVEN DRIVE, BILSTON, WV14 8YS - £126,500

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.

78 STEVEN DRIVE is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £178,540. It was last sold for £126,500 in August 2019, which was around 18% below the average August 2019 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

78 STEVEN DRIVE Sold Prices

Land registry data shows six sales for 78 STEVEN DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Most of the six 78 STEVEN 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
2019 20 AUG	£126,500	£153,979	18% below HPI
2015 7 AUG	£93,000	£121,720	24% below HPI
2013 31 MAY	£86,000	£107,575	20% below HPI
2006 3 JUL	£104,000	£117,428	11% below HPI
2004 6 AUG	£87,500	£106,726	18% below HPI
1996 23 FEB	£45,500	£37,946	20% above HPI

78 STEVEN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The six 78 STEVEN DRIVE sales between February 1996 and August 2019 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 August 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 78 STEVEN DRIVE be worth now?

78 STEVEN DRIVE might now be worth an estimated £178,540.

This is based on house price inflation of 41.1%, between August 2019 and February 2025, for semi-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 41.1% inflationary increase is applied to the most recent sale price for 78 STEVEN DRIVE of £126,500 on 20th August 2019. For the value to have increased from £126,500 to £178,540 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 78 STEVEN DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The August 2019 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 78 STEVEN DRIVE has not materially changed since August 2019.

How Large is 78 STEVEN DRIVE?

78 STEVEN DRIVE is 55m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of semi-detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tipton, and where 78 STEVEN DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 78 STEVEN DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

78 STEVEN DRIVE: Plot and Title Map

78 STEVEN DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 78 STEVEN 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 78 STEVEN 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 78 STEVEN DRIVE?

78 STEVEN DRIVE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 78 on STEVEN DRIVE.