3, CHARTER ROAD, TIPTON, DY4 0HU - £296,000

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

3 CHARTER ROAD is a small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £296,000 in March 2021, which was around 10% above the average March 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHARTER ROAD Sold Prices

Land registry data shows two sales for 3 CHARTER ROAD 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 3 CHARTER ROAD sales were 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
2021 8 MAR	£296,000	£268,231	10% above HPI
2004 9 JUL	£172,995	£167,659	3% above HPI

3 CHARTER ROAD 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 3 CHARTER ROAD sales from July 2004 and March 2021 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 CHARTER ROAD?

3 CHARTER ROAD is 85m² according to the EPC inspection conducted in August 2020. 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 3 CHARTER ROAD lies on this distribution: 27% of detached houses are smaller than 3 CHARTER ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 CHARTER ROAD: Plot and Title Map

3 CHARTER ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 CHARTER ROAD, 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 3 CHARTER ROAD). 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 3 CHARTER ROAD?

3 CHARTER ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3 on CHARTER ROAD.