37, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £185,500

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

37 NEWCOMEN DRIVE is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £185,500 in March 2005, which was around 8% above the average March 2005 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

37 NEWCOMEN DRIVE Sold Prices

Land registry data shows three sales for 37 NEWCOMEN 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 37 NEWCOMEN DRIVE sales were for above the average price, whilst one was 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
2005 11 MAR	£185,500	£171,663	8% above HPI
2004 8 JAN	£180,000	£150,645	19% above HPI
2000 30 AUG	£82,000	£85,444	4% below HPI

37 NEWCOMEN 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 37 NEWCOMEN DRIVE sales between August 2000 and March 2005 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 January 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2005 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 37 NEWCOMEN DRIVE?

37 NEWCOMEN DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 37 NEWCOMEN DRIVE lies on this distribution: 69% of detached houses are smaller than 37 NEWCOMEN DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Tipton.

37 NEWCOMEN DRIVE: Plot and Title Map

37 NEWCOMEN DRIVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 37 NEWCOMEN 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 37 NEWCOMEN 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 37 NEWCOMEN DRIVE?

37 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 37 on NEWCOMEN DRIVE.