11, GIBSON DRIVE, SMETHWICK, B66 1RW - £245,000

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.

11 GIBSON DRIVE is a large semi-detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £494,997. It was last sold for £245,000 in March 2006, which was around 114% above the average March 2006 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

11 GIBSON DRIVE Sold Prices

Land registry data shows two sales for 11 GIBSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 11 GIBSON 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
2006 10 MAR	£245,000	£114,428	114% above HPI
2001 18 JUL	£125,000	£54,645	129% above HPI

11 GIBSON 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 two 11 GIBSON DRIVE sales from July 2001 and March 2006 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 July 2001 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the March 2006 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might 11 GIBSON DRIVE be worth now?

11 GIBSON DRIVE might now be worth an estimated £494,997.

This is based on house price inflation of 102%, between March 2006 and May 2026, 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 102% inflationary increase is applied to the most recent sale price for 11 GIBSON DRIVE of £245,000 on 10th March 2006. For the value to have increased from £245,000 to £494,997 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 11 GIBSON DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The March 2006 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GIBSON DRIVE has not materially changed since March 2006.

How Large is 11 GIBSON DRIVE?

11 GIBSON DRIVE is 143m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of semi-detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Smethwick, and where 11 GIBSON DRIVE lies on this distribution: 74% of semi-detached houses houses are smaller than 11 GIBSON DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

11 GIBSON DRIVE: Plot and Title Map

11 GIBSON DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 11 GIBSON 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 11 GIBSON 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 11 GIBSON DRIVE?

11 GIBSON DRIVE is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 11 on GIBSON DRIVE.