31, FARMER WAY, TIPTON, DY4 0BE - £193,000

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

31 FARMER WAY is a large extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £193,000 in May 2015, which was around 3% above the average May 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

31 FARMER WAY Sold Prices

Land registry data shows four sales for 31 FARMER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the four 31 FARMER WAY 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
2015 27 MAY	£193,000	£188,148	3% above HPI
2006 30 OCT	£191,000	£188,292	1% above HPI
2004 30 JUL	£155,000	£167,659	8% below HPI
1999 23 AUG	£84,000	£76,108	10% above HPI

31 FARMER WAY 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 four 31 FARMER WAY sales between August 1999 and May 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 October 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 31 FARMER WAY?

31 FARMER WAY is 106m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 31 FARMER WAY lies on this distribution: 60% of detached houses are smaller than 31 FARMER WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Tipton.

31 FARMER WAY: Plot and Title Map

31 FARMER WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 31 FARMER WAY, 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 31 FARMER WAY). 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 31 FARMER WAY?

31 FARMER WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 31 on FARMER WAY.