16, MONARCH DRIVE, TIPTON, DY4 7LL - £201,000

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.

16 MONARCH DRIVE is a very small semi-detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £252,503. It was last sold for £201,000 in August 2021, which was around 9% above the average August 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

16 MONARCH DRIVE Sold Prices

Land registry data shows four sales for 16 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the four 16 MONARCH DRIVE 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
2021 27 AUG	£201,000	£184,034	9% above HPI
2003 13 MAY	£99,000	£79,208	25% above HPI
2002 13 MAR	£74,950	£59,675	26% above HPI
1996 19 SEP	£52,500	£40,967	28% above HPI

16 MONARCH DRIVE 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 four 16 MONARCH DRIVE sales between September 1996 and August 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 May 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 MONARCH DRIVE be worth now?

16 MONARCH DRIVE might now be worth an estimated £252,503.

This is based on house price inflation of 25.6%, between August 2021 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 25.6% inflationary increase is applied to the most recent sale price for 16 MONARCH DRIVE of £201,000 on 27th August 2021. For the value to have increased from £201,000 to £252,503 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 16 MONARCH DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The August 2021 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MONARCH DRIVE has not materially changed since August 2021.

How Large is 16 MONARCH DRIVE?

16 MONARCH DRIVE is 70m² according to the EPC inspection conducted in May 2021. 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 16 MONARCH DRIVE lies on this distribution: 13% of semi-detached houses houses are smaller than 16 MONARCH DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tipton.

16 MONARCH DRIVE: Plot and Title Map

16 MONARCH DRIVE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 16 MONARCH 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 16 MONARCH 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 16 MONARCH DRIVE?

16 MONARCH DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 16 on MONARCH DRIVE.