25, SPRING MEADOW, TIPTON, DY4 7BA - £218,000

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

25 SPRING MEADOW is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £218,000 in October 2019, which was around 13% below the average October 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

25 SPRING MEADOW Sold Prices

Land registry data shows three sales for 25 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 25 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
2019 4 OCT	£218,000	£251,108	13% below HPI
2015 14 SEP	£159,950	£194,768	18% below HPI
1996 4 NOV	£64,700	£70,747	9% below HPI

25 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 25 SPRING MEADOW sales between November 1996 and October 2019 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 September 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 25 SPRING MEADOW?

25 SPRING MEADOW is 74m² according to the EPC inspection conducted in June 2019. 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 SPRING MEADOW lies on this distribution: 15% of detached houses are smaller than 25 SPRING MEADOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Tipton.

25 SPRING MEADOW: Plot and Title Map

25 SPRING MEADOW sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 25 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 25 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 25 SPRING MEADOW?

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