2, PEACOCK CLOSE, TIPTON, DY4 7RY - £97,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PEACOCK CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £218,195. It was last sold for £97,000 in December 2003, which was around 31% below the average December 2003 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 PEACOCK CLOSE Sold Prices

Land registry data shows two sales for 2 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 PEACOCK 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
2003 12 DEC	£97,000	£140,503	31% below HPI
2000 31 MAY	£51,250	£75,048	32% below HPI

2 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 PEACOCK CLOSE sales from May 2000 and December 2003 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 May 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2003 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 PEACOCK CLOSE be worth now?

2 PEACOCK CLOSE might now be worth an estimated £218,195.

This is based on house price inflation of 124.9%, between December 2003 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 124.9% inflationary increase is applied to the most recent sale price for 2 PEACOCK CLOSE of £97,000 on 12th December 2003. For the value to have increased from £97,000 to £218,195 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PEACOCK CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2003 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEACOCK CLOSE has not materially changed since December 2003.

How Large is 2 PEACOCK CLOSE?

2 PEACOCK CLOSE is 67m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 2 PEACOCK CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 PEACOCK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tipton.

2 PEACOCK CLOSE: Plot and Title Map

2 PEACOCK CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 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 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 PEACOCK CLOSE?

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