3, PARISH DRIVE, TIPTON, DY4 7PH - £252,000

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.

3 PARISH DRIVE is a small semi-detached house of 87m², built in 2014, which could now be worth an estimated £276,719. It was last sold for £252,000 in November 2022, which was around 20% above the average November 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

3 PARISH DRIVE Sold Prices

Land registry data shows two sales for 3 PARISH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 3 PARISH 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
2022 28 NOV	£252,000	£210,538	20% above HPI
2014 28 MAR	£170,000	£111,502	52% above HPI

3 PARISH 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 two 3 PARISH DRIVE sales from March 2014 and November 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 March 2014 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 PARISH DRIVE be worth now?

3 PARISH DRIVE might now be worth an estimated £276,719.

This is based on house price inflation of 9.8%, between November 2022 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 9.8% inflationary increase is applied to the most recent sale price for 3 PARISH DRIVE of £252,000 on 28th November 2022. For the value to have increased from £252,000 to £276,719 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 3 PARISH DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The November 2022 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARISH DRIVE has not materially changed since November 2022.

How Large is 3 PARISH DRIVE?

3 PARISH DRIVE is 87m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% 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 3 PARISH DRIVE lies on this distribution: 31% of semi-detached houses houses are smaller than 3 PARISH DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 PARISH DRIVE: Plot and Title Map

3 PARISH DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 3 PARISH 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 3 PARISH 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 3 PARISH DRIVE?

3 PARISH DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3 on PARISH DRIVE.