46, FARMER WAY, TIPTON, DY4 0BE - £175,000

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.

46 FARMER WAY is a small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £337,297. It was last sold for £175,000 in January 2015, which was around 1% above the average January 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

46 FARMER WAY Sold Prices

Land registry data shows two sales for 46 FARMER WAY 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. One of the two 46 FARMER WAY sales was for above the average price, whilst the other was for below 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
2015 23 JAN	£175,000	£173,977	1% above HPI
2011 9 DEC	£149,995	£165,399	9% below HPI

46 FARMER WAY 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 46 FARMER WAY sales from December 2011 and January 2015 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 December 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 46 FARMER WAY be worth now?

46 FARMER WAY might now be worth an estimated £337,297.

This is based on house price inflation of 92.7%, between January 2015 and May 2026, for 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 92.7% inflationary increase is applied to the most recent sale price for 46 FARMER WAY of £175,000 on 23rd January 2015. For the value to have increased from £175,000 to £337,297 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 46 FARMER WAY has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The January 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 46 FARMER WAY has not materially changed since January 2015.

How Large is 46 FARMER WAY?

46 FARMER WAY is 88m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 46 FARMER WAY lies on this distribution: 33% of detached houses houses are smaller than 46 FARMER WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Tipton.

46 FARMER WAY: Plot and Title Map

46 FARMER WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 46 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 46 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 46 FARMER WAY?

46 FARMER WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 46 on FARMER WAY.