27, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £139,450

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

27 NEWCOMEN DRIVE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £139,450 in June 2003, which was around 4% above the average June 2003 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

27 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 27 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 27 NEWCOMEN DRIVE sales were 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
2003 27 JUN	£139,450	£134,206	4% above HPI
1998 30 OCT	£85,000	£75,149	13% above HPI

27 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 27 NEWCOMEN DRIVE sales from October 1998 and June 2003 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 October 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2003 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 27 NEWCOMEN DRIVE?

27 NEWCOMEN DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in June 2024. 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 27 NEWCOMEN DRIVE lies on this distribution: 94% of detached houses are smaller than 27 NEWCOMEN DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Tipton.

27 NEWCOMEN DRIVE: Plot and Title Map

27 NEWCOMEN DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 27 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 27 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 27 NEWCOMEN DRIVE?

27 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 27 on NEWCOMEN DRIVE.