10, STEAD CLOSE, TIPTON, DY4 0BJ - £192,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 STEAD CLOSE is a small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £282,715. It was last sold for £192,500 in October 2017, which was around 11% below the average October 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

10 STEAD CLOSE Sold Prices

Land registry data shows two sales for 10 STEAD 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. Both of the two 10 STEAD 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
2017 13 OCT	£192,500	£215,811	11% below HPI
2001 31 MAY	£72,500	£85,523	15% below HPI

10 STEAD 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 STEAD CLOSE sales from May 2001 and October 2017 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 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 STEAD CLOSE be worth now?

10 STEAD CLOSE might now be worth an estimated £282,715.

This is based on house price inflation of 46.9%, between October 2017 and December 2024, 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 46.9% inflationary increase is applied to the most recent sale price for 10 STEAD CLOSE of £192,500 on 13th October 2017. For the value to have increased from £192,500 to £282,715 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 10 STEAD CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2017 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 10 STEAD CLOSE has not materially changed since October 2017.

How Large is 10 STEAD CLOSE?

10 STEAD CLOSE is 83m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 STEAD CLOSE lies on this distribution: 25% of detached houses houses are smaller than 10 STEAD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tipton.

10 STEAD CLOSE: Plot and Title Map

10 STEAD CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 10 STEAD 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 STEAD 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 STEAD CLOSE?

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