33, GOSPEL OAK ROAD, TIPTON, DY4 0DR - £122,000

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

33 GOSPEL OAK ROAD is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £122,000 in June 2015, which was around 35% below the average June 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

33 GOSPEL OAK ROAD Sold Prices

Land registry data shows two sales for 33 GOSPEL OAK ROAD 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 33 GOSPEL OAK ROAD 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
2015 30 JUN	£122,000	£188,584	35% below HPI
2009 4 FEB	£60,000	£169,334	65% below HPI

33 GOSPEL OAK ROAD 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 33 GOSPEL OAK ROAD sales from February 2009 and June 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 February 2009 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the June 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 33 GOSPEL OAK ROAD?

33 GOSPEL OAK ROAD is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 33 GOSPEL OAK ROAD lies on this distribution: 15% of detached houses are smaller than 33 GOSPEL OAK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Tipton.

33 GOSPEL OAK ROAD: Plot and Title Map

33 GOSPEL OAK ROAD sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 33 GOSPEL OAK ROAD, 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 33 GOSPEL OAK ROAD). 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 33 GOSPEL OAK ROAD?

33 GOSPEL OAK ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 33 on GOSPEL OAK ROAD.