Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
106 GOSPEL OAK ROAD is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £142,000 in February 2013, which was around 18% below the average February 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 106 GOSPEL OAK ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the five 106 GOSPEL OAK ROAD 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 |
---|---|---|---|
2013 22 FEB | £142,000 | £172,878 | 18% below HPI |
2003 22 AUG | £105,000 | £143,690 | 27% below HPI |
2000 7 JUL | £64,950 | £83,617 | 22% below HPI |
1997 14 NOV | £48,000 | £70,408 | 32% below HPI |
1997 5 SEP | £47,000 | £70,915 | 34% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The five 106 GOSPEL OAK ROAD sales between September 1997 and February 2013 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 August 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
106 GOSPEL OAK ROAD is 82m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 106 GOSPEL OAK ROAD lies on this distribution: 23% of detached houses are smaller than 106 GOSPEL OAK ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Tipton.
106 GOSPEL OAK ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 106 GOSPEL OAK ROAD, 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 106 GOSPEL OAK ROAD). 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.
106 GOSPEL OAK ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 106 on GOSPEL OAK ROAD.