124, POWIS AVENUE, TIPTON, DY4 0RL - £148,000

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

124 POWIS AVENUE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £148,000 in June 2016, which was around 29% below the average June 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

124 POWIS AVENUE Sold Prices

Land registry data shows two sales for 124 POWIS AVENUE 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 124 POWIS AVENUE 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
2016 28 JUN	£148,000	£207,408	29% below HPI
2004 8 APR	£90,000	£158,224	43% below HPI

124 POWIS AVENUE 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 124 POWIS AVENUE sales from April 2004 and June 2016 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 April 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 124 POWIS AVENUE?

124 POWIS AVENUE is 56m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 124 POWIS AVENUE lies on this distribution: 3% of detached houses are smaller than 124 POWIS AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Tipton.

124 POWIS AVENUE: Plot and Title Map

124 POWIS AVENUE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 124 POWIS AVENUE, 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 124 POWIS AVENUE). 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 124 POWIS AVENUE?

124 POWIS AVENUE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 124 on POWIS AVENUE.