5, FIELD ROAD, TIPTON, DY4 0TN - £250,000

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

5 FIELD ROAD is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £250,000 in January 2024, which was around 24% below the average January 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

5 FIELD ROAD Sold Prices

Land registry data shows three sales for 5 FIELD ROAD 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 5 FIELD 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 30 JAN	£250,000	£329,738	24% below HPI
2016 8 SEP	£175,000	£212,885	18% below HPI
2014 8 AUG	£115,000	£181,476	37% below HPI

5 FIELD 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 three 5 FIELD ROAD sales between August 2014 and January 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 September 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 FIELD ROAD?

5 FIELD ROAD is 78m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 5 FIELD ROAD lies on this distribution: 18% of detached houses are smaller than 5 FIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Tipton.

5 FIELD ROAD: Plot and Title Map

5 FIELD ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 FIELD 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 5 FIELD 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 5 FIELD ROAD?

5 FIELD ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 5 on FIELD ROAD.