15, DEVEY DRIVE, TIPTON, DY4 0LU - £115,000

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.

15 DEVEY DRIVE is a very small semi-detached house of 56m², built sometime from 2007 onwards, which could now be worth an estimated £146,853. It was last sold for £115,000 in March 2021, which was around 32% below the average March 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was A.

15 DEVEY DRIVE Sold Prices

Land registry data shows three sales for 15 DEVEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 15 DEVEY DRIVE sales were for below the average price, whilst one was 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
2021 22 MAR	£115,000	£170,185	32% below HPI
2002 6 DEC	£69,995	£73,000	4% below HPI
1997 31 JUL	£47,950	£42,006	14% above HPI

15 DEVEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 15 DEVEY DRIVE sales between July 1997 and March 2021 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 December 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 DEVEY DRIVE be worth now?

15 DEVEY DRIVE might now be worth an estimated £146,853.

This is based on house price inflation of 27.7%, between March 2021 and February 2025, for semi-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 27.7% inflationary increase is applied to the most recent sale price for 15 DEVEY DRIVE of £115,000 on 22nd March 2021. For the value to have increased from £115,000 to £146,853 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 DEVEY DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The March 2021 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DEVEY DRIVE has not materially changed since March 2021.

How Large is 15 DEVEY DRIVE?

15 DEVEY DRIVE is 56m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tipton, and where 15 DEVEY DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 15 DEVEY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tipton.

15 DEVEY DRIVE: Plot and Title Map

15 DEVEY DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 15 DEVEY 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 15 DEVEY 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 15 DEVEY DRIVE?

15 DEVEY DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 15 on DEVEY DRIVE.