38, BROOKFIELD WAY, TIPTON, DY4 0NE - £165,000

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

38 BROOKFIELD WAY is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £165,000 in August 2018, which was around 32% below the average August 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

38 BROOKFIELD WAY Sold Prices

Land registry data shows two sales for 38 BROOKFIELD WAY 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 38 BROOKFIELD WAY 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
2018 3 AUG	£165,000	£243,728	32% below HPI
1999 3 DEC	£71,450	£79,691	10% below HPI

38 BROOKFIELD 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 two 38 BROOKFIELD WAY sales from December 1999 and August 2018 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 December 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 BROOKFIELD WAY?

38 BROOKFIELD WAY is 62m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 38 BROOKFIELD WAY lies on this distribution: 6% of detached houses are smaller than 38 BROOKFIELD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Tipton.

38 BROOKFIELD WAY: Plot and Title Map

38 BROOKFIELD WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 38 BROOKFIELD 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 38 BROOKFIELD 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 38 BROOKFIELD WAY?

38 BROOKFIELD WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 38 on BROOKFIELD WAY.