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

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.

33 GOSPEL OAK ROAD is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £216,969. It was last sold for £122,000 in June 2015, which was around 31% 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	£177,714	31% below HPI
2009 4 FEB	£60,000	£159,574	62% 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 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 33 GOSPEL OAK ROAD be worth now?

33 GOSPEL OAK ROAD might now be worth an estimated £216,969.

This is based on house price inflation of 77.8%, between June 2015 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 77.8% inflationary increase is applied to the most recent sale price for 33 GOSPEL OAK ROAD of £122,000 on 30th June 2015. For the value to have increased from £122,000 to £216,969 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 33 GOSPEL OAK ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2015 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 33 GOSPEL OAK ROAD has not materially changed since June 2015.

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 houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 33 GOSPEL OAK ROAD lies on this distribution: 15% of detached houses houses are smaller than 33 GOSPEL OAK ROAD, and 84% 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 0.061 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.