48, FARMER WAY, TIPTON, DY4 0BE - £172,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 FARMER WAY is a midsized extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £328,413. It was last sold for £172,000 in June 2011, which was around 4% above the average June 2011 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

48 FARMER WAY Sold Prices

Land registry data shows three sales for 48 FARMER WAY 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 48 FARMER WAY 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
2011 24 JUN	£172,000	£165,997	4% above HPI
2000 15 DEC	£85,000	£82,643	3% above HPI
1996 11 OCT	£67,000	£65,924	2% above HPI

48 FARMER 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 three 48 FARMER WAY sales between October 1996 and June 2011 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 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 48 FARMER WAY be worth now?

48 FARMER WAY might now be worth an estimated £328,413.

This is based on house price inflation of 90.9%, between June 2011 and December 2024, 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 90.9% inflationary increase is applied to the most recent sale price for 48 FARMER WAY of £172,000 on 24th June 2011. For the value to have increased from £172,000 to £328,413 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 48 FARMER WAY has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2011 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FARMER WAY has not materially changed since June 2011.

How Large is 48 FARMER WAY?

48 FARMER WAY is 101m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the largest 50% 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 48 FARMER WAY lies on this distribution: 53% of detached houses houses are smaller than 48 FARMER WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Tipton.

48 FARMER WAY: Plot and Title Map

48 FARMER WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 48 FARMER 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 48 FARMER 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 48 FARMER WAY?

48 FARMER WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 48 on FARMER WAY.