111, FARMER WAY, TIPTON, DY4 0BL - £70,000

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.

111 FARMER WAY is a very small extended semi-detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £303,433. It was last sold for £70,000 in May 2001, which was around 31% above the average May 2001 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

111 FARMER WAY Sold Prices

Land registry data shows three sales for 111 FARMER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three 111 FARMER WAY sales were 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
2001 4 MAY	£70,000	£53,334	31% above HPI
1999 26 MAR	£53,000	£44,029	20% above HPI
1995 14 JUL	£49,500	£39,679	25% above HPI

111 FARMER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 111 FARMER WAY sales between July 1995 and May 2001 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 March 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2001 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 111 FARMER WAY be worth now?

111 FARMER WAY might now be worth an estimated £303,433.

This is based on house price inflation of 333.5%, between May 2001 and May 2026, for semi-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 333.5% inflationary increase is applied to the most recent sale price for 111 FARMER WAY of £70,000 on 4th May 2001. For the value to have increased from £70,000 to £303,433 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 111 FARMER WAY has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The May 2001 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 111 FARMER WAY has not materially changed since May 2001.

How Large is 111 FARMER WAY?

111 FARMER WAY is 73m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of semi-detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tipton, and where 111 FARMER WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 111 FARMER WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Tipton.

111 FARMER WAY: Plot and Title Map

111 FARMER WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 111 FARMER WAY, 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 111 FARMER WAY). 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 111 FARMER WAY?

111 FARMER WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 111 on FARMER WAY.