16, CHARTER ROAD, TIPTON, DY4 0HU - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 CHARTER ROAD is a midsized extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £225,000 in November 2015, which was around 13% above the average November 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

16 CHARTER ROAD Sold Prices

Land registry data shows two sales for 16 CHARTER ROAD 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. One of the two 16 CHARTER ROAD sales was for above the average price, whilst the other was roughly equal to 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
2015 6 NOV	£225,000	£198,532	13% above HPI
2006 8 AUG	£185,000	£185,189	Close to HPI

16 CHARTER ROAD 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 16 CHARTER ROAD sales from August 2006 and November 2015 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 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 16 CHARTER ROAD?

16 CHARTER ROAD is 102m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 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 16 CHARTER ROAD lies on this distribution: 54% of detached houses are smaller than 16 CHARTER ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Tipton.

16 CHARTER ROAD: Plot and Title Map

16 CHARTER ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 16 CHARTER ROAD, 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 16 CHARTER ROAD). 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 16 CHARTER ROAD?

16 CHARTER ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 16 on CHARTER ROAD.