18, DEVEY DRIVE, TIPTON, DY4 0LU - £210,000

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

18 DEVEY DRIVE is a very small detached house of 46m², built sometime between 1991 and 1995. It was last sold for £210,000 in October 2020, which was around 17% below the average October 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

18 DEVEY DRIVE Sold Prices

Land registry data shows three sales for 18 DEVEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 18 DEVEY DRIVE 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
2020 30 OCT	£210,000	£252,342	17% below HPI
2002 9 MAY	£85,000	£107,116	21% below HPI
1996 18 DEC	£64,950	£70,602	8% below HPI

18 DEVEY 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 three 18 DEVEY DRIVE sales between December 1996 and October 2020 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 DEVEY DRIVE?

18 DEVEY DRIVE is 46m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 18 DEVEY DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 18 DEVEY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tipton.

18 DEVEY DRIVE: Plot and Title Map

18 DEVEY DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 18 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 18 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 18 DEVEY DRIVE?

18 DEVEY DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 18 on DEVEY DRIVE.