23, SPRING MEADOW, TIPTON, DY4 7BA - £203,000

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

23 SPRING MEADOW is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £203,000 in January 2020, which was around 19% below the average January 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

23 SPRING MEADOW Sold Prices

Land registry data shows three sales for 23 SPRING MEADOW 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 23 SPRING MEADOW 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
2020 31 JAN	£203,000	£251,367	19% below HPI
2004 2 JUL	£122,500	£167,659	27% below HPI
1997 1 MAY	£56,950	£70,575	19% below HPI

23 SPRING MEADOW 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 23 SPRING MEADOW sales between May 1997 and January 2020 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 23 SPRING MEADOW?

23 SPRING MEADOW is 91m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 23 SPRING MEADOW lies on this distribution: 37% of detached houses are smaller than 23 SPRING MEADOW, and 63% of houses are larger. Note that EPC data is not available for all properties in Tipton.

23 SPRING MEADOW: Plot and Title Map

23 SPRING MEADOW sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 23 SPRING MEADOW, 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 23 SPRING MEADOW). 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 23 SPRING MEADOW?

23 SPRING MEADOW is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 23 on SPRING MEADOW.