3, PORTFIELD DRIVE, TIPTON, DY4 7UP - £265,000

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

3 PORTFIELD DRIVE is a small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £265,000 in June 2023, which was around 20% below the average June 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

3 PORTFIELD DRIVE Sold Prices

Land registry data shows three sales for 3 PORTFIELD 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. Two of the three 3 PORTFIELD DRIVE sales were for below the average price, whilst one 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
2023 30 JUN	£265,000	£330,804	20% below HPI
2021 28 MAY	£225,000	£272,369	17% below HPI
1995 31 MAR	£68,950	£62,696	10% above HPI

3 PORTFIELD 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 3 PORTFIELD DRIVE sales between March 1995 and June 2023 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 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 PORTFIELD DRIVE?

3 PORTFIELD DRIVE is 81m² according to the EPC inspection conducted in February 2020. 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 3 PORTFIELD DRIVE lies on this distribution: 22% of detached houses are smaller than 3 PORTFIELD DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 PORTFIELD DRIVE: Plot and Title Map

3 PORTFIELD DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 PORTFIELD 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 3 PORTFIELD 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 3 PORTFIELD DRIVE?

3 PORTFIELD DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3 on PORTFIELD DRIVE.