8, PENSTOCK DRIVE, OLDBURY, B69 4TE - £155,000

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.

8 PENSTOCK DRIVE is a large extended terraced house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £293,520. It was last sold for £155,000 in September 2008, which was around 53% above the average September 2008 terraced price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

8 PENSTOCK DRIVE Sold Prices

Land registry data shows three sales for 8 PENSTOCK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the three 8 PENSTOCK DRIVE sales 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
2008 12 SEP	£155,000	£101,208	53% above HPI
2004 24 SEP	£147,000	£90,955	62% above HPI
2002 19 JUN	£96,500	£52,328	84% above HPI

8 PENSTOCK DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 8 PENSTOCK DRIVE sales between June 2002 and September 2008 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 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2008 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 8 PENSTOCK DRIVE be worth now?

8 PENSTOCK DRIVE might now be worth an estimated £293,520.

This is based on house price inflation of 89.4%, between September 2008 and July 2025, for terraced 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 89.4% inflationary increase is applied to the most recent sale price for 8 PENSTOCK DRIVE of £155,000 on 12th September 2008. For the value to have increased from £155,000 to £293,520 over the seventeen years and two months to July 2025, the following assumptions must hold true:

• The value of 8 PENSTOCK DRIVE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The September 2008 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENSTOCK DRIVE has not materially changed since September 2008.

How Large is 8 PENSTOCK DRIVE?

8 PENSTOCK DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of terraced houses houses in Oldbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldbury, and where 8 PENSTOCK DRIVE lies on this distribution: 64% of terraced houses houses are smaller than 8 PENSTOCK DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

8 PENSTOCK DRIVE: Plot and Title Map

8 PENSTOCK DRIVE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 8 PENSTOCK 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 PENSTOCK 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 PENSTOCK DRIVE?

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