11, THE SQUARE, TIPTON, DY4 0LY - £84,000

11 THE SQUARE is a small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £84,000 in July 2002, which was around 24% below the average July 2002 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

11 THE SQUARE Sold Prices

Land registry data shows three sales for 11 THE SQUARE 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 11 THE SQUARE 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
2002 9 JUL	£84,000	£110,333	24% below HPI
2000 8 DEC	£70,000	£87,698	20% below HPI
1997 7 NOV	£69,950	£70,408	1% below HPI

11 THE SQUARE 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 11 THE SQUARE sales between November 1997 and July 2002 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 December 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2002 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 11 THE SQUARE?

11 THE SQUARE is 82m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 11 THE SQUARE lies on this distribution: 23% of detached houses are smaller than 11 THE SQUARE, and 75% of houses are larger. Note that EPC data is not available for all properties in Tipton.

11 THE SQUARE: Plot and Title Map

11 THE SQUARE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 11 THE SQUARE, 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 11 THE SQUARE). 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 11 THE SQUARE?

11 THE SQUARE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 11 on THE SQUARE.