10, CATHEDRAL CLOSE, TIPTON, DY4 8PF - £225,000

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.

10 CATHEDRAL CLOSE is a large detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £299,490. It was last sold for £225,000 in April 2020, which was around 5% below the average April 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

10 CATHEDRAL CLOSE Sold Prices

Land registry data shows two sales for 10 CATHEDRAL CLOSE 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 10 CATHEDRAL CLOSE sales was for below the average price, whilst the other was 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
2020 17 APR	£225,000	£237,443	5% below HPI
2001 29 OCT	£132,000	£91,696	44% above HPI

10 CATHEDRAL 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 two 10 CATHEDRAL CLOSE sales from October 2001 and April 2020 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 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 CATHEDRAL CLOSE be worth now?

10 CATHEDRAL CLOSE might now be worth an estimated £299,490.

This is based on house price inflation of 33.1%, between April 2020 and February 2025, 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 33.1% inflationary increase is applied to the most recent sale price for 10 CATHEDRAL CLOSE of £225,000 on 17th April 2020. For the value to have increased from £225,000 to £299,490 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 10 CATHEDRAL CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The April 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CATHEDRAL CLOSE has not materially changed since April 2020.

How Large is 10 CATHEDRAL CLOSE?

10 CATHEDRAL CLOSE is 109m² according to the EPC inspection conducted in February 2020. This puts it in the largest 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 10 CATHEDRAL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 10 CATHEDRAL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Tipton.

10 CATHEDRAL CLOSE: Plot and Title Map

10 CATHEDRAL CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 10 CATHEDRAL 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 10 CATHEDRAL 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 10 CATHEDRAL CLOSE?

10 CATHEDRAL CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 10 on CATHEDRAL CLOSE.