31, WOOD STREET, TIPTON, DY4 9BQ - £140,000

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

31 WOOD STREET is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £140,000 in April 2012, which was around 18% below the average April 2012 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

31 WOOD STREET Sold Prices

Land registry data shows two sales for 31 WOOD STREET 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 31 WOOD STREET 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
2012 26 APR	£140,000	£171,612	18% below HPI
1999 29 JAN	£53,000	£74,610	29% below HPI

31 WOOD STREET 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 31 WOOD STREET sales from January 1999 and April 2012 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 January 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 WOOD STREET?

31 WOOD STREET is 56m² according to the EPC inspection conducted in October 2022. 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 31 WOOD STREET lies on this distribution: 3% of detached houses are smaller than 31 WOOD STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Tipton.

31 WOOD STREET: Plot and Title Map

31 WOOD STREET sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 31 WOOD STREET, 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 31 WOOD STREET). 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 31 WOOD STREET?

31 WOOD STREET is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 31 on WOOD STREET.