1, STAR CLOSE, TIPTON, DY4 7LP - £140,000

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 STAR CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £140,000 in October 2008, which was around 22% below the average October 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

1 STAR CLOSE Sold Prices

Land registry data shows three sales for 1 STAR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 1 STAR CLOSE sales were 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
2008 3 OCT	£140,000	£180,429	22% below HPI
2004 14 JUL	£125,000	£167,659	25% below HPI
1998 11 FEB	£67,500	£72,399	7% below HPI

1 STAR CLOSE 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 three 1 STAR CLOSE sales between February 1998 and October 2008 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 July 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2008 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 STAR CLOSE?

1 STAR CLOSE is 79m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 STAR CLOSE lies on this distribution: 20% of detached houses are smaller than 1 STAR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Tipton.

1 STAR CLOSE: Plot and Title Map

1 STAR CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 1 STAR CLOSE, 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 STAR CLOSE). 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 STAR CLOSE?

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