1, SILVERTREES ROAD, TIPTON, DY4 8NH - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SILVERTREES ROAD is a very large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £310,000 in November 2021, which was around 4% above the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

1 SILVERTREES ROAD Sold Prices

Land registry data shows four sales for 1 SILVERTREES ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The four 1 SILVERTREES ROAD sales were a mix of above the average price, and roughly equal to 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
2021 11 NOV	£310,000	£299,388	4% above HPI
2017 20 OCT	£229,950	£229,010	Close to HPI
2006 13 APR	£190,000	£179,897	6% above HPI
2002 27 MAR	£139,995	£103,159	36% above HPI

1 SILVERTREES ROAD 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 four 1 SILVERTREES ROAD sales between March 2002 and November 2021 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 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 SILVERTREES ROAD?

1 SILVERTREES ROAD is 165m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 1 SILVERTREES ROAD lies on this distribution: 97% of detached houses are smaller than 1 SILVERTREES ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Tipton.

1 SILVERTREES ROAD: Plot and Title Map

1 SILVERTREES ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 SILVERTREES ROAD, 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 1 SILVERTREES ROAD). 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 1 SILVERTREES ROAD?

1 SILVERTREES ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 1 on SILVERTREES ROAD.