87A, GOSPEL OAK ROAD, TIPTON, DY4 0DN - £167,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

87A GOSPEL OAK ROAD is a very small detached house of 54m², built sometime between 1996 and 2002. It was last sold for £167,500 in December 2021, which was around 44% below the average December 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

87A GOSPEL OAK ROAD Sold Prices

Land registry data shows five sales for 87A GOSPEL OAK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the five 87A GOSPEL OAK 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
2021 21 DEC	£167,500	£299,349	44% below HPI
2006 23 JUN	£100,000	£181,537	45% below HPI
2003 28 FEB	£68,000	£127,511	47% below HPI
2002 20 SEP	£60,000	£116,869	49% below HPI
1998 13 FEB	£46,950	£72,399	35% below HPI

87A GOSPEL OAK 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 five 87A GOSPEL OAK ROAD sales between February 1998 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 June 2006 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 87A GOSPEL OAK ROAD?

87A GOSPEL OAK ROAD is 54m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 87A GOSPEL OAK ROAD lies on this distribution: 2% of detached houses are smaller than 87A GOSPEL OAK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

87A GOSPEL OAK ROAD: Plot and Title Map

87A GOSPEL OAK ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 87A GOSPEL OAK 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 87A GOSPEL OAK 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 87A GOSPEL OAK ROAD?

87A GOSPEL OAK ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 87A on GOSPEL OAK ROAD.