49, NEWMAN ROAD, TIPTON, DY4 0EN - £167,500

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

49 NEWMAN ROAD is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £167,500 in August 2024, which was around 48% below the average August 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

49 NEWMAN ROAD Sold Prices

Land registry data shows two sales for 49 NEWMAN ROAD 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 49 NEWMAN ROAD 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
2024 2 AUG	£167,500	£324,375	48% below HPI
2010 25 JUN	£128,000	£183,426	30% below HPI

49 NEWMAN ROAD 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 49 NEWMAN ROAD sales from June 2010 and August 2024 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 June 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 49 NEWMAN ROAD?

49 NEWMAN ROAD is 55m² according to the EPC inspection conducted in October 2023. 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 49 NEWMAN ROAD lies on this distribution: 2% of detached houses are smaller than 49 NEWMAN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

49 NEWMAN ROAD: Plot and Title Map

49 NEWMAN ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 49 NEWMAN ROAD, 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 49 NEWMAN ROAD). 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 49 NEWMAN ROAD?

49 NEWMAN ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 49 on NEWMAN ROAD.