15, GOUGH DRIVE, TIPTON, DY4 7AL - £208,000

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

15 GOUGH DRIVE is a very large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £208,000 in February 2019, which was around 16% below the average February 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

15 GOUGH DRIVE Sold Prices

Land registry data shows two sales for 15 GOUGH 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. One of the two 15 GOUGH DRIVE sales was for below the average price, whilst the other 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
2019 28 FEB	£208,000	£247,250	16% below HPI
2005 16 DEC	£309,950	£181,494	71% above HPI

15 GOUGH 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 15 GOUGH DRIVE sales from December 2005 and February 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 December 2005 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 GOUGH DRIVE?

15 GOUGH DRIVE is 157m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 15 GOUGH DRIVE lies on this distribution: 96% of detached houses are smaller than 15 GOUGH DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Tipton.

15 GOUGH DRIVE: Plot and Title Map

15 GOUGH DRIVE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 15 GOUGH 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 GOUGH 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 GOUGH DRIVE?

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