28, DEVEY DRIVE, TIPTON, DY4 0LU - £133,000

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.

28 DEVEY DRIVE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £170,141. It was last sold for £133,000 in February 2021, which was around 22% below the average February 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

28 DEVEY DRIVE Sold Prices

Land registry data shows five sales for 28 DEVEY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Most of the five 28 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
2021 4 FEB	£133,000	£169,882	22% below HPI
2008 23 MAY	£107,500	£124,462	14% below HPI
2005 10 JUN	£93,500	£110,474	15% below HPI
2004 6 AUG	£87,500	£106,726	18% below HPI
1997 30 MAY	£44,855	£42,139	6% above HPI

28 DEVEY DRIVE 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 five 28 DEVEY DRIVE sales between May 1997 and February 2021 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 28 DEVEY DRIVE be worth now?

28 DEVEY DRIVE might now be worth an estimated £170,141.

This is based on house price inflation of 27.9%, between February 2021 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 27.9% inflationary increase is applied to the most recent sale price for 28 DEVEY DRIVE of £133,000 on 4th February 2021. For the value to have increased from £133,000 to £170,141 over the four years to February 2025, the following assumptions must hold true:

• The value of 28 DEVEY DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The February 2021 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 28 DEVEY DRIVE has not materially changed since February 2021.

How Large is 28 DEVEY DRIVE?

28 DEVEY DRIVE is 56m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 28 DEVEY DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 28 DEVEY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tipton.

28 DEVEY DRIVE: Plot and Title Map

28 DEVEY DRIVE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 28 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 28 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 28 DEVEY DRIVE?

28 DEVEY DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 28 on DEVEY DRIVE.