45, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £300,000

45 NEWCOMEN DRIVE is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £300,000 in August 2020, which was around 18% above the average August 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

45 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 45 NEWCOMEN DRIVE 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 45 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
2020 28 AUG	£300,000	£255,255	18% above HPI
2005 26 AUG	£219,950	£179,332	23% above HPI

45 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 two 45 NEWCOMEN DRIVE sales from August 2005 and August 2020 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 August 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 45 NEWCOMEN DRIVE?

45 NEWCOMEN DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 45 NEWCOMEN DRIVE lies on this distribution: 79% of detached houses are smaller than 45 NEWCOMEN DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Tipton.

45 NEWCOMEN DRIVE: Plot and Title Map

45 NEWCOMEN DRIVE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 45 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 45 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 45 NEWCOMEN DRIVE?

45 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 45 on NEWCOMEN DRIVE.