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

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.

37 NEWCOMEN DRIVE is a large extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £362,416. It was last sold for £185,500 in March 2005, which was around 15% 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. All of the three 37 NEWCOMEN DRIVE 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
2005 11 MAR	£185,500	£161,769	15% above HPI
2004 8 JAN	£180,000	£141,962	27% above HPI
2000 30 AUG	£82,000	£80,520	2% above 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2005 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 37 NEWCOMEN DRIVE be worth now?

37 NEWCOMEN DRIVE might now be worth an estimated £362,416.

This is based on house price inflation of 95.4%, between March 2005 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 95.4% inflationary increase is applied to the most recent sale price for 37 NEWCOMEN DRIVE of £185,500 on 11th March 2005. For the value to have increased from £185,500 to £362,416 over the twenty years and one month to February 2025, the following assumptions must hold true:

• The value of 37 NEWCOMEN DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2005 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 37 NEWCOMEN DRIVE has not materially changed since March 2005.

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 houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 37 NEWCOMEN DRIVE lies on this distribution: 70% of detached houses houses are smaller than 37 NEWCOMEN DRIVE, and 29% 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.