8, SHINGLERS DRIVE, TIPTON, DY4 9EJ - £167,000

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.

8 SHINGLERS DRIVE is a small terraced house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £243,048. It was last sold for £167,000 in October 2019, which was around 25% above the average October 2019 terraced price in the Sandwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

8 SHINGLERS DRIVE Sold Prices

Land registry data shows three sales for 8 SHINGLERS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the three 8 SHINGLERS 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
2019 14 OCT	£167,000	£133,444	25% above HPI
2017 18 MAY	£143,000	£114,209	25% above HPI
2009 2 OCT	£139,950	£96,983	44% above HPI

8 SHINGLERS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 8 SHINGLERS DRIVE sales between October 2009 and October 2019 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 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2019 sale, which was also at 25% above the HPI.

What might 8 SHINGLERS DRIVE be worth now?

8 SHINGLERS DRIVE might now be worth an estimated £243,048.

This is based on house price inflation of 45.5%, between October 2019 and May 2026, for terraced 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 45.5% inflationary increase is applied to the most recent sale price for 8 SHINGLERS DRIVE of £167,000 on 14th October 2019. For the value to have increased from £167,000 to £243,048 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 8 SHINGLERS DRIVE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The October 2019 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHINGLERS DRIVE has not materially changed since October 2019.

How Large is 8 SHINGLERS DRIVE?

8 SHINGLERS DRIVE is 86m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of terraced houses houses in Tipton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tipton, and where 8 SHINGLERS DRIVE lies on this distribution: 29% of terraced houses houses are smaller than 8 SHINGLERS DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Tipton.

8 SHINGLERS DRIVE: Plot and Title Map

8 SHINGLERS DRIVE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 8 SHINGLERS 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 8 SHINGLERS 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 8 SHINGLERS DRIVE?

8 SHINGLERS DRIVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 8 on SHINGLERS DRIVE.