51, NEWLANDS DRIVE, HALESOWEN, B62 9DX - £174,000

51 NEWLANDS DRIVE is a small extended semi-detached house of 85m², built sometime between 1930 and 1949. It was last sold for £174,000 in December 2014, which was around 18% below the average December 2014 detached price in the Dudley local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

51 NEWLANDS DRIVE Sold Prices

Land registry data shows two sales for 51 NEWLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 51 NEWLANDS 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
2014 19 DEC	£174,000	£211,946	18% below HPI
2003 19 SEP	£150,000	£168,866	11% below HPI

51 NEWLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 51 NEWLANDS DRIVE sales from September 2003 and December 2014 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 51 NEWLANDS DRIVE?

51 NEWLANDS DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 51 NEWLANDS DRIVE lies on this distribution: 24% of detached houses are smaller than 51 NEWLANDS DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

51 NEWLANDS DRIVE: Plot and Title Map

51 NEWLANDS DRIVE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 51 NEWLANDS 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 51 NEWLANDS 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 51 NEWLANDS DRIVE?

51 NEWLANDS DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 51 on NEWLANDS DRIVE.