28, SPRING MEADOW, TIPTON, DY4 7BA - £205,000

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

28 SPRING MEADOW is a small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £205,000 in July 2019, which was around 16% below the average July 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

28 SPRING MEADOW Sold Prices

Land registry data shows three sales for 28 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 28 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 19 JUL	£205,000	£244,988	16% below HPI
2006 24 FEB	£139,000	£181,161	23% below HPI
1999 26 NOV	£59,950	£79,599	25% below HPI

28 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 28 SPRING MEADOW sales between November 1999 and July 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 February 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 28 SPRING MEADOW?

28 SPRING MEADOW is 81m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 28 SPRING MEADOW lies on this distribution: 22% of detached houses are smaller than 28 SPRING MEADOW, and 77% of houses are larger. Note that EPC data is not available for all properties in Tipton.

28 SPRING MEADOW: Plot and Title Map

28 SPRING MEADOW sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 28 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 28 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 28 SPRING MEADOW?

28 SPRING MEADOW is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 28 on SPRING MEADOW.