59, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £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

59 NEWCOMEN DRIVE is a large detached house of 109m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2019, which was about the average October 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

59 NEWCOMEN DRIVE Sold Prices

Land registry data shows four sales for 59 NEWCOMEN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The four 59 NEWCOMEN DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 11 OCT	£250,000	£251,108	Close to HPI
2014 7 NOV	£173,000	£185,267	7% below HPI
2008 28 JAN	£244,000	£201,190	21% above HPI
2004 17 DEC	£195,000	£175,221	11% above HPI

59 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 four 59 NEWCOMEN DRIVE sales between December 2004 and October 2019 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 November 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 59 NEWCOMEN DRIVE?

59 NEWCOMEN DRIVE is 109m² according to the EPC inspection conducted in July 2014. 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 59 NEWCOMEN DRIVE lies on this distribution: 65% of detached houses are smaller than 59 NEWCOMEN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Tipton.

59 NEWCOMEN DRIVE: Plot and Title Map

59 NEWCOMEN DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 59 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 59 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 59 NEWCOMEN DRIVE?

59 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 59 on NEWCOMEN DRIVE.