16, REGAN DRIVE, OLDBURY, B69 2GB - £142,000

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.

16 REGAN DRIVE is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £198,648. It was last sold for £142,000 in August 2020, which was around 5% above the average August 2020 terraced price in the Sandwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 REGAN DRIVE Sold Prices

Land registry data shows four sales for 16 REGAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the four 16 REGAN 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
2020 14 AUG	£142,000	£135,349	5% above HPI
2016 15 JAN	£115,000	£106,282	8% above HPI
2004 8 DEC	£107,500	£92,844	16% above HPI
2003 27 FEB	£83,450	£62,007	35% above HPI

16 REGAN 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 four 16 REGAN DRIVE sales between February 2003 and August 2020 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 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 REGAN DRIVE be worth now?

16 REGAN DRIVE might now be worth an estimated £198,648.

This is based on house price inflation of 39.9%, between August 2020 and October 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 39.9% inflationary increase is applied to the most recent sale price for 16 REGAN DRIVE of £142,000 on 14th August 2020. For the value to have increased from £142,000 to £198,648 over the four years and ten months to October 2025, the following assumptions must hold true:

• The value of 16 REGAN DRIVE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The August 2020 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REGAN DRIVE has not materially changed since August 2020.

How Large is 16 REGAN DRIVE?

16 REGAN DRIVE is 56m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 16 REGAN DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 16 REGAN DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

16 REGAN DRIVE: Plot and Title Map

16 REGAN DRIVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 REGAN 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 16 REGAN 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 16 REGAN DRIVE?

16 REGAN DRIVE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 16 on REGAN DRIVE.