41, NEWCOMEN DRIVE, TIPTON, DY4 8XX - £352,500

41 NEWCOMEN DRIVE is a large detached house of 121m², built sometime between 2003 and 2006. It was last sold for £352,500 in August 2022, which was around 11% above the average August 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

41 NEWCOMEN DRIVE Sold Prices

Land registry data shows two sales for 41 NEWCOMEN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 41 NEWCOMEN 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 26 AUG	£352,500	£318,260	11% above HPI
2004 29 OCT	£219,950	£173,410	27% above HPI

41 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 two 41 NEWCOMEN DRIVE sales from October 2004 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 October 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 41 NEWCOMEN DRIVE?

41 NEWCOMEN DRIVE is 121m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 41 NEWCOMEN DRIVE lies on this distribution: 78% of detached houses are smaller than 41 NEWCOMEN DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Tipton.

41 NEWCOMEN DRIVE: Plot and Title Map

41 NEWCOMEN DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 41 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 41 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 41 NEWCOMEN DRIVE?

41 NEWCOMEN DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 41 on NEWCOMEN DRIVE.