16, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £314,000

16 NEWCOMEN DRIVE is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £314,000 in August 2022, which was around 1% below the average August 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

16 NEWCOMEN DRIVE Sold Prices

Land registry data shows three sales for 16 NEWCOMEN DRIVE 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. One of the three 16 NEWCOMEN DRIVE sales was for below the average price, whilst two 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
2022 1 AUG	£314,000	£318,260	1% below HPI
2006 13 JUL	£187,000	£183,238	2% above HPI
2002 4 JAN	£117,000	£97,924	19% above HPI

16 NEWCOMEN DRIVE 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 16 NEWCOMEN DRIVE sales between January 2002 and August 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 July 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 NEWCOMEN DRIVE?

16 NEWCOMEN DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 16 NEWCOMEN DRIVE lies on this distribution: 49% of detached houses are smaller than 16 NEWCOMEN DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Tipton.

16 NEWCOMEN DRIVE: Plot and Title Map

16 NEWCOMEN DRIVE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 16 NEWCOMEN 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 NEWCOMEN 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 NEWCOMEN DRIVE?

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