1, WALNUT DRIVE, SMETHWICK, B66 3RS - £176,000

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.

1 WALNUT DRIVE is a large detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £407,811. It was last sold for £176,000 in February 2004, which was around 22% above the average February 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

1 WALNUT DRIVE Sold Prices

Land registry data shows one sale for 1 WALNUT DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 6 FEB	£176,000	£144,717	22% above HPI

What might 1 WALNUT DRIVE be worth now?

1 WALNUT DRIVE might now be worth an estimated £407,811.

This is based on house price inflation of 131.7%, between February 2004 and May 2026, for 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 131.7% inflationary increase is applied to the most recent sale price for 1 WALNUT DRIVE of £176,000 on 6th February 2004. For the value to have increased from £176,000 to £407,811 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 1 WALNUT DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2004 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WALNUT DRIVE has not materially changed since February 2004.

How Large is 1 WALNUT DRIVE?

1 WALNUT DRIVE is 140m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 1 WALNUT DRIVE lies on this distribution: 72% of detached houses are smaller than 1 WALNUT DRIVE, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Smethwick.

1 WALNUT DRIVE: Plot

1 WALNUT DRIVE sits on a plot of roughly 0.086 of an acre, or 349m².

Where is 1 WALNUT DRIVE?

1 WALNUT DRIVE is located in SMETHWICK, in the B66 postcode district.