2, MARTIN ROAD, TIPTON, DY4 8SQ - £97,000

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.

2 MARTIN ROAD is a midsized semi-detached house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £169,966. It was last sold for £97,000 in November 2015, which was around 22% below the average November 2015 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

2 MARTIN ROAD Sold Prices

Land registry data shows two sales for 2 MARTIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. One of the two 2 MARTIN ROAD 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
2015 11 NOV	£97,000	£124,027	22% below HPI
2006 20 MAR	£118,000	£114,428	3% above HPI

2 MARTIN ROAD 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 two 2 MARTIN ROAD sales from March 2006 and November 2015 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 March 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 MARTIN ROAD be worth now?

2 MARTIN ROAD might now be worth an estimated £169,966.

This is based on house price inflation of 75.2%, between November 2015 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 75.2% inflationary increase is applied to the most recent sale price for 2 MARTIN ROAD of £97,000 on 11th November 2015. For the value to have increased from £97,000 to £169,966 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MARTIN ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The November 2015 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARTIN ROAD has not materially changed since November 2015.

How Large is 2 MARTIN ROAD?

2 MARTIN ROAD is 99m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% 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 2 MARTIN ROAD lies on this distribution: 48% of semi-detached houses houses are smaller than 2 MARTIN ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Tipton.

2 MARTIN ROAD: Plot and Title Map

2 MARTIN ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 MARTIN 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 2 MARTIN 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.

Where is 2 MARTIN ROAD?

2 MARTIN ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 2 on MARTIN ROAD.