8, MALLEN DRIVE, TIVIDALE, OLDBURY, B69 1LX - £173,000

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

8 MALLEN DRIVE is a large detached house of 114m², built sometime between 2003 and 2006. It was last sold for £173,000 in June 2005, which was around 1% below the average June 2005 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 MALLEN DRIVE Sold Prices

Land registry data shows three sales for 8 MALLEN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the three 8 MALLEN DRIVE sales was for below the average price, whilst two 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
2005 10 JUN	£173,000	£174,711	1% below HPI
2004 9 JAN	£158,500	£150,645	5% above HPI
2002 12 JUL	£125,500	£110,333	14% above HPI

8 MALLEN 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 three 8 MALLEN DRIVE sales between July 2002 and June 2005 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 January 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2005 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 MALLEN DRIVE?

8 MALLEN DRIVE is 114m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 8 MALLEN DRIVE lies on this distribution: 74% of detached houses are smaller than 8 MALLEN DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

8 MALLEN DRIVE: Plot and Title Map

8 MALLEN DRIVE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 8 MALLEN 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 8 MALLEN 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 8 MALLEN DRIVE?

8 MALLEN DRIVE is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 8 on MALLEN DRIVE.