2, DAVID PEACOCK CLOSE, TIPTON, DY4 8GX - £390,000

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

2 DAVID PEACOCK CLOSE is a very large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £390,000 in March 2021, which was around 45% above the average March 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 DAVID PEACOCK CLOSE Sold Prices

Land registry data shows two sales for 2 DAVID PEACOCK CLOSE 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 2 DAVID PEACOCK CLOSE sales were for above 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 29 MAR	£390,000	£268,231	45% above HPI
1997 31 JUL	£112,950	£70,607	60% above HPI

2 DAVID PEACOCK 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 two 2 DAVID PEACOCK CLOSE sales from July 1997 and March 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 July 1997 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 DAVID PEACOCK CLOSE?

2 DAVID PEACOCK CLOSE is 132m² according to the EPC inspection conducted in December 2020. This puts it in the largest 20% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 2 DAVID PEACOCK CLOSE lies on this distribution: 87% of detached houses are smaller than 2 DAVID PEACOCK CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Tipton.

2 DAVID PEACOCK CLOSE: Plot and Title Map

2 DAVID PEACOCK CLOSE sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 2 DAVID PEACOCK 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 2 DAVID PEACOCK 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 2 DAVID PEACOCK CLOSE?

2 DAVID PEACOCK CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 2 on DAVID PEACOCK CLOSE.