16, LEA AVENUE, WEDNESBURY, WS10 7NP - £210,000

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 LEA AVENUE is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £210,000 in November 2021, which was around 30% below the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

16 LEA AVENUE Sold Prices

Land registry data shows two sales for 16 LEA 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 16 LEA 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
2021 19 NOV	£210,000	£299,388	30% below HPI
2016 4 MAR	£115,000	£196,526	41% below HPI

16 LEA 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 16 LEA AVENUE sales from March 2016 and November 2021 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 March 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 LEA AVENUE?

16 LEA AVENUE is 50m² according to the EPC inspection conducted in June 2014. 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 16 LEA AVENUE lies on this distribution: 1% of detached houses are smaller than 16 LEA AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tipton.

16 LEA AVENUE: Plot and Title Map

16 LEA AVENUE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 16 LEA 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 16 LEA 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 16 LEA AVENUE?

16 LEA AVENUE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 16 on LEA AVENUE.