55, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £355,000

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

55 NEWCOMEN DRIVE is a large extended detached house of 111m², built sometime between 2003 and 2006. It was last sold for £355,000 in August 2024, which was around 9% above the average August 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

55 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 55 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. One of the two 55 NEWCOMEN DRIVE sales was for above the average price, whilst the other was 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 7 AUG	£355,000	£324,375	9% above HPI
2004 21 DEC	£169,950	£175,221	3% below HPI

55 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 55 NEWCOMEN DRIVE sales from December 2004 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 December 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 55 NEWCOMEN DRIVE?

55 NEWCOMEN DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 55 NEWCOMEN DRIVE lies on this distribution: 67% of detached houses are smaller than 55 NEWCOMEN DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Tipton.

55 NEWCOMEN DRIVE: Plot and Title Map

55 NEWCOMEN DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 55 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 55 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 55 NEWCOMEN DRIVE?

55 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 55 on NEWCOMEN DRIVE.