Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
10 SPRING MEADOW is a midsized extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £164,000 in January 2007, which was around 15% below the average January 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 10 SPRING MEADOW since 1st 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 SPRING MEADOW 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 |
---|---|---|---|
2007 12 JAN | £164,000 | £193,809 | 15% below HPI |
1995 24 AUG | £72,500 | £65,911 | 10% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 10 SPRING MEADOW sales from August 1995 and January 2007 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 August 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2007 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
10 SPRING MEADOW is 99m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 10 SPRING MEADOW lies on this distribution: 48% of detached houses are smaller than 10 SPRING MEADOW, and 51% of houses are larger. Note that EPC data is not available for all properties in Tipton.
10 SPRING MEADOW sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 10 SPRING MEADOW, 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 SPRING MEADOW). 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.
10 SPRING MEADOW is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 10 on SPRING MEADOW.