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

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.

87A GOSPEL OAK ROAD is a very small detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £187,663. It was last sold for £167,500 in December 2021, which was around 41% 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	£282,095	41% below HPI
2006 23 JUN	£100,000	£171,074	42% below HPI
2003 28 FEB	£68,000	£120,162	43% below HPI
2002 20 SEP	£60,000	£110,133	46% below HPI
1998 13 FEB	£46,950	£68,226	31% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 87A GOSPEL OAK ROAD be worth now?

87A GOSPEL OAK ROAD might now be worth an estimated £187,663.

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 87A GOSPEL OAK ROAD of £167,500 on 21st December 2021. For the value to have increased from £167,500 to £187,663 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 87A GOSPEL OAK ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2021 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 87A GOSPEL OAK ROAD has not materially changed since December 2021.

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 houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 87A GOSPEL OAK ROAD lies on this distribution: 2% of detached houses 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.