18, ALMA AVENUE, TIPTON, DY4 9PT - £125,000

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

18 ALMA AVENUE is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £125,000 in May 2016, which was around 39% below the average May 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

18 ALMA AVENUE Sold Prices

Land registry data shows two sales for 18 ALMA 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 18 ALMA 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 5 MAY	£125,000	£203,744	39% below HPI
1998 27 MAR	£45,300	£72,604	38% below HPI

18 ALMA 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 18 ALMA AVENUE sales from March 1998 and May 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 March 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 ALMA AVENUE?

18 ALMA AVENUE is 65m² according to the EPC inspection conducted in March 2012. 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 18 ALMA AVENUE lies on this distribution: 8% of detached houses are smaller than 18 ALMA AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Tipton.

18 ALMA AVENUE: Plot and Title Map

18 ALMA AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 18 ALMA 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 18 ALMA 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 18 ALMA AVENUE?

18 ALMA AVENUE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 18 on ALMA AVENUE.