22, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £138,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 NEWCOMEN DRIVE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £138,500 in December 2015, which was around 31% below the average December 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

22 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 22 NEWCOMEN 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. Both of the two 22 NEWCOMEN 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
2015 9 DEC	£138,500	£201,119	31% below HPI
1999 23 FEB	£67,000	£74,313	10% below HPI

22 NEWCOMEN 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 22 NEWCOMEN DRIVE sales from February 1999 and December 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 February 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 22 NEWCOMEN DRIVE?

22 NEWCOMEN DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in May 2010. 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 22 NEWCOMEN DRIVE lies on this distribution: 27% of detached houses are smaller than 22 NEWCOMEN DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Tipton.

22 NEWCOMEN DRIVE: Plot and Title Map

22 NEWCOMEN DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 22 NEWCOMEN 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 22 NEWCOMEN 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 22 NEWCOMEN DRIVE?

22 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 22 on NEWCOMEN DRIVE.