29, SPRING MEADOW, TIPTON, DY4 7BA - £320,000

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

29 SPRING MEADOW is a midsized detached house of 101m², built sometime between 1991 and 1995. It was last sold for £320,000 in October 2023, which was around 5% below the average October 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

29 SPRING MEADOW Sold Prices

Land registry data shows three sales for 29 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. Two of the three 29 SPRING MEADOW sales were for below the average price, whilst one was for above 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
2023 10 OCT	£320,000	£336,151	5% below HPI
2017 13 JUL	£190,000	£219,176	13% below HPI
1995 23 JUN	£79,950	£64,591	24% above HPI

29 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 29 SPRING MEADOW sales between June 1995 and October 2023 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 29 SPRING MEADOW?

29 SPRING MEADOW is 101m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 29 SPRING MEADOW lies on this distribution: 53% of detached houses are smaller than 29 SPRING MEADOW, and 46% of houses are larger. Note that EPC data is not available for all properties in Tipton.

29 SPRING MEADOW: Plot and Title Map

29 SPRING MEADOW sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 29 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 29 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 29 SPRING MEADOW?

29 SPRING MEADOW is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 29 on SPRING MEADOW.