10, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £282,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 NEWCOMEN DRIVE is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £282,000 in September 2019, which was around 13% above the average September 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

10 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 10 NEWCOMEN 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 Sandwell local authority area for the corresponding sale date. Both of the two 10 NEWCOMEN 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
2019 27 SEP	£282,000	£250,312	13% above HPI
2003 22 MAY	£140,000	£133,936	5% above HPI

10 NEWCOMEN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 10 NEWCOMEN DRIVE sales from May 2003 and September 2019 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 May 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 10 NEWCOMEN DRIVE?

10 NEWCOMEN DRIVE is 121m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 10 NEWCOMEN DRIVE lies on this distribution: 78% of detached houses are smaller than 10 NEWCOMEN DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Tipton.

10 NEWCOMEN DRIVE: Plot and Title Map

10 NEWCOMEN DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 10 NEWCOMEN 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 10 NEWCOMEN 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 10 NEWCOMEN DRIVE?

10 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 10 on NEWCOMEN DRIVE.