56, ROSEMARY ROAD, TIPTON, DY4 8TH - £262,500

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.

56 ROSEMARY ROAD is a large detached house of 116m², which could now be worth an estimated £309,707. It was last sold for £262,500 in July 2021, which was around 2% below the average July 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

56 ROSEMARY ROAD Sold Prices

Land registry data shows two sales for 56 ROSEMARY 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. One of the two 56 ROSEMARY ROAD sales was for below the average price, whilst the other was 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 30 JUL	£262,500	£267,878	2% below HPI
2018 20 APR	£227,995	£220,618	3% above HPI

56 ROSEMARY 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 56 ROSEMARY ROAD sales from April 2018 and July 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 April 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 56 ROSEMARY ROAD be worth now?

56 ROSEMARY ROAD might now be worth an estimated £309,707.

This is based on house price inflation of 18%, between July 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 18% inflationary increase is applied to the most recent sale price for 56 ROSEMARY ROAD of £262,500 on 30th July 2021. For the value to have increased from £262,500 to £309,707 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 56 ROSEMARY ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2021 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 56 ROSEMARY ROAD has not materially changed since July 2021.

How Large is 56 ROSEMARY ROAD?

56 ROSEMARY ROAD is 116m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 56 ROSEMARY ROAD lies on this distribution: 74% of detached houses houses are smaller than 56 ROSEMARY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Tipton.

56 ROSEMARY ROAD: Plot and Title Map

56 ROSEMARY ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 56 ROSEMARY 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 56 ROSEMARY 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 56 ROSEMARY ROAD?

56 ROSEMARY ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 56 on ROSEMARY ROAD.