25, HERITAGE WAY, TIPTON, DY4 8GG - £307,500

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

25 HERITAGE WAY is a very large extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £307,500 in May 2022, which was around 1% below the average May 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

25 HERITAGE WAY Sold Prices

Land registry data shows three sales for 25 HERITAGE WAY 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 25 HERITAGE WAY 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
2022 13 MAY	£307,500	£309,847	1% below HPI
2012 27 APR	£170,000	£171,612	1% below HPI
2003 31 OCT	£145,000	£146,191	1% below HPI

25 HERITAGE WAY 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 25 HERITAGE WAY sales between October 2003 and May 2022 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 April 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, which was also at 1% below the HPI.

How Large is 25 HERITAGE WAY?

25 HERITAGE WAY is 132m², which includes three extensions, according to the EPC inspection conducted in February 2022. 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 25 HERITAGE WAY lies on this distribution: 87% of detached houses are smaller than 25 HERITAGE WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Tipton.

25 HERITAGE WAY: Plot and Title Map

25 HERITAGE WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 25 HERITAGE WAY, 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 25 HERITAGE WAY). 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 25 HERITAGE WAY?

25 HERITAGE WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 25 on HERITAGE WAY.