16, STAR CLOSE, TIPTON, DY4 7LP - £104,425

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 STAR CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £104,425 in September 2006, which was around 44% below the average September 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

16 STAR CLOSE Sold Prices

Land registry data shows three sales for 16 STAR CLOSE 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 16 STAR 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
2006 29 SEP	£104,425	£186,875	44% below HPI
2004 19 MAR	£84,995	£155,602	45% below HPI
1997 22 OCT	£48,500	£71,812	32% below HPI

16 STAR 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 three 16 STAR CLOSE sales between October 1997 and September 2006 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 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2006 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 STAR CLOSE?

16 STAR CLOSE is 55m² according to the EPC inspection conducted in January 2022. 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 STAR CLOSE lies on this distribution: 2% of detached houses are smaller than 16 STAR CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

16 STAR CLOSE: Plot and Title Map

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

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