25, MYRTLE TERRACE, TIPTON, DY4 0BX - £157,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 MYRTLE TERRACE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £157,000 in December 2016, which was around 27% below the average December 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

25 MYRTLE TERRACE Sold Prices

Land registry data shows two sales for 25 MYRTLE TERRACE 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 25 MYRTLE TERRACE 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
2016 22 DEC	£157,000	£214,058	27% below HPI
2010 15 OCT	£144,950	£181,014	20% below HPI

25 MYRTLE TERRACE 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 25 MYRTLE TERRACE sales from October 2010 and December 2016 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 October 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 MYRTLE TERRACE?

25 MYRTLE TERRACE is 72m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 MYRTLE TERRACE lies on this distribution: 13% of detached houses are smaller than 25 MYRTLE TERRACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Tipton.

25 MYRTLE TERRACE: Plot and Title Map

25 MYRTLE TERRACE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 25 MYRTLE TERRACE, 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 MYRTLE TERRACE). 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 MYRTLE TERRACE?

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