62, STEVEN DRIVE, BILSTON, WV14 8YS - £109,950

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.

62 STEVEN DRIVE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £159,886. It was last sold for £109,950 in August 2018, which was around 15% below the average August 2018 terraced price in the Sandwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

62 STEVEN DRIVE Sold Prices

Land registry data shows six sales for 62 STEVEN DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Most of the six 62 STEVEN 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
2018 15 AUG	£109,950	£128,631	15% below HPI
2006 25 OCT	£98,000	£103,570	5% below HPI
2002 13 DEC	£62,950	£59,886	5% above HPI
2001 20 JUL	£41,000	£44,971	9% below HPI
1998 31 JUL	£35,000	£36,552	4% below HPI
1996 1 MAR	£44,750	£31,338	43% above HPI

62 STEVEN 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 six 62 STEVEN DRIVE sales between March 1996 and August 2018 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 October 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 62 STEVEN DRIVE be worth now?

62 STEVEN DRIVE might now be worth an estimated £159,886.

This is based on house price inflation of 45.4%, between August 2018 and June 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 45.4% inflationary increase is applied to the most recent sale price for 62 STEVEN DRIVE of £109,950 on 15th August 2018. For the value to have increased from £109,950 to £159,886 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 62 STEVEN DRIVE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The August 2018 sale price of £109,950 represented a fair market value for the property.
• The size, condition, and specification of 62 STEVEN DRIVE has not materially changed since August 2018.

How Large is 62 STEVEN DRIVE?

62 STEVEN DRIVE is 55m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of terraced houses houses in Tipton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tipton, and where 62 STEVEN DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 62 STEVEN DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Tipton.

62 STEVEN DRIVE: Plot and Title Map

62 STEVEN DRIVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 62 STEVEN 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 62 STEVEN 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 62 STEVEN DRIVE?

62 STEVEN DRIVE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 62 on STEVEN DRIVE.