9, NEWMAN ROAD, TIPTON, DY4 0EN - £260,000

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

9 NEWMAN ROAD is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £260,000 in March 2022, which was around 16% below the average March 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

9 NEWMAN ROAD Sold Prices

Land registry data shows three sales for 9 NEWMAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 9 NEWMAN 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
2022 25 MAR	£260,000	£308,318	16% below HPI
2014 10 DEC	£120,000	£186,235	36% below HPI
2013 26 NOV	£80,000	£179,862	56% below HPI

9 NEWMAN 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 three 9 NEWMAN ROAD sales between November 2013 and March 2022 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 9 NEWMAN ROAD?

9 NEWMAN ROAD is 54m² according to the EPC inspection conducted in March 2015. 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 9 NEWMAN ROAD lies on this distribution: 2% of detached houses are smaller than 9 NEWMAN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

9 NEWMAN ROAD: Plot and Title Map

9 NEWMAN ROAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 9 NEWMAN 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 9 NEWMAN 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 9 NEWMAN ROAD?

9 NEWMAN ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 9 on NEWMAN ROAD.