12, GALTON CLOSE, TIPTON, DY4 7NN - £238,000

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

12 GALTON CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £238,000 in December 2022, which was around 28% below the average December 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 GALTON CLOSE Sold Prices

Land registry data shows two sales for 12 GALTON 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 12 GALTON 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
2022 21 DEC	£238,000	£331,678	28% below HPI
1996 12 DEC	£52,000	£70,602	26% below HPI

12 GALTON 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 12 GALTON CLOSE sales from December 1996 and December 2022 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 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 GALTON CLOSE?

12 GALTON CLOSE is 68m² according to the EPC inspection conducted in March 2022. 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 12 GALTON CLOSE lies on this distribution: 10% of detached houses are smaller than 12 GALTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tipton.

12 GALTON CLOSE: Plot and Title Map

12 GALTON CLOSE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 12 GALTON 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 12 GALTON 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 12 GALTON CLOSE?

12 GALTON CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 12 on GALTON CLOSE.