3, LOVATT CLOSE, TIPTON, DY4 0HX - £124,950

3 LOVATT CLOSE is a very small extended detached house of 62m², built sometime between 1991 and 1995. It was last sold for £124,950 in September 2006, which was around 33% below the average September 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

3 LOVATT CLOSE Sold Prices

Land registry data shows two sales for 3 LOVATT CLOSE 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 LOVATT CLOSE 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
2006 29 SEP	£124,950	£186,875	33% below HPI
2001 2 MAR	£54,950	£86,863	37% below HPI

3 LOVATT CLOSE 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 LOVATT CLOSE sales from March 2001 and September 2006 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 March 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2006 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 LOVATT CLOSE?

3 LOVATT CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 LOVATT CLOSE lies on this distribution: 6% of detached houses are smaller than 3 LOVATT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 LOVATT CLOSE: Plot and Title Map

3 LOVATT CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 3 LOVATT CLOSE, 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 LOVATT CLOSE). 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 LOVATT CLOSE?

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