5, RICHMOND ASTON DRIVE, TIPTON, DY4 8GD - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RICHMOND ASTON DRIVE is a very large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £408,937. It was last sold for £365,000 in December 2021, which was around 29% above the average December 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 RICHMOND ASTON DRIVE Sold Prices

Land registry data shows two sales for 5 RICHMOND ASTON 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 5 RICHMOND ASTON 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
2021 9 DEC	£365,000	£282,095	29% above HPI
1999 2 JUL	£108,500	£71,215	52% above HPI

5 RICHMOND ASTON 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 5 RICHMOND ASTON DRIVE sales from July 1999 and December 2021 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 July 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 RICHMOND ASTON DRIVE be worth now?

5 RICHMOND ASTON DRIVE might now be worth an estimated £408,937.

This is based on house price inflation of 12%, between December 2021 and February 2025, 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 12% inflationary increase is applied to the most recent sale price for 5 RICHMOND ASTON DRIVE of £365,000 on 9th December 2021. For the value to have increased from £365,000 to £408,937 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 RICHMOND ASTON DRIVE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHMOND ASTON DRIVE has not materially changed since December 2021.

How Large is 5 RICHMOND ASTON DRIVE?

5 RICHMOND ASTON DRIVE is 131m² according to the EPC inspection conducted in March 2021. This puts it in the largest 20% 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 5 RICHMOND ASTON DRIVE lies on this distribution: 87% of detached houses houses are smaller than 5 RICHMOND ASTON DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Tipton.

5 RICHMOND ASTON DRIVE: Plot and Title Map

5 RICHMOND ASTON DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 RICHMOND ASTON 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 5 RICHMOND ASTON 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 5 RICHMOND ASTON DRIVE?

5 RICHMOND ASTON DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 5 on RICHMOND ASTON DRIVE.