3, WATERY LANE, TIPTON, DY4 8NA - £146,500

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.

3 WATERY LANE is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £250,010. It was last sold for £146,500 in March 2016, which was around 21% below the average March 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 WATERY LANE Sold Prices

Land registry data shows three sales for 3 WATERY LANE 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. All of the three 3 WATERY LANE 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
2016 11 MAR	£146,500	£185,199	21% below HPI
2009 26 MAR	£120,000	£156,765	23% below HPI
1996 20 AUG	£56,500	£63,426	11% below HPI

3 WATERY LANE 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 WATERY LANE sales between August 1996 and March 2016 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 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 WATERY LANE be worth now?

3 WATERY LANE might now be worth an estimated £250,010.

This is based on house price inflation of 70.7%, between March 2016 and February 2025, for 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 70.7% inflationary increase is applied to the most recent sale price for 3 WATERY LANE of £146,500 on 11th March 2016. For the value to have increased from £146,500 to £250,010 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 3 WATERY LANE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2016 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERY LANE has not materially changed since March 2016.

How Large is 3 WATERY LANE?

3 WATERY LANE is 83m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 3 WATERY LANE lies on this distribution: 25% of detached houses houses are smaller than 3 WATERY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 WATERY LANE: Plot and Title Map

3 WATERY LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 WATERY LANE, 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 WATERY LANE). 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 WATERY LANE?

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