2, ELLIOTTS ROAD, TIPTON, DY4 8PU - £120,000

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 ELLIOTTS ROAD is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £120,000 in December 2023, which was around 64% below the average December 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 ELLIOTTS ROAD Sold Prices

Land registry data shows two sales for 2 ELLIOTTS 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. Both of the two 2 ELLIOTTS ROAD 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
2023 8 DEC	£120,000	£333,691	64% below HPI
2002 31 JAN	£59,950	£97,924	39% below HPI

2 ELLIOTTS 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 2 ELLIOTTS ROAD sales from January 2002 and December 2023 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 January 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2023 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 2 ELLIOTTS ROAD?

2 ELLIOTTS ROAD is 67m² according to the EPC inspection conducted in July 2024. 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 2 ELLIOTTS ROAD lies on this distribution: 9% of detached houses are smaller than 2 ELLIOTTS ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Tipton.

2 ELLIOTTS ROAD: Plot and Title Map

2 ELLIOTTS ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 2 ELLIOTTS 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 2 ELLIOTTS 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 2 ELLIOTTS ROAD?

2 ELLIOTTS ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 2 on ELLIOTTS ROAD.