4, CATHEDRAL CLOSE, TIPTON, DY4 8PF - £207,600

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CATHEDRAL CLOSE is a midsized detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £282,165. It was last sold for £207,600 in October 2018, which was around 11% below the average October 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

4 CATHEDRAL CLOSE Sold Prices

Land registry data shows four sales for 4 CATHEDRAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. two of the four 4 CATHEDRAL CLOSE sales were for below the average price, and four 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
2018 12 OCT	£207,600	£232,532	11% below HPI
2016 4 NOV	£165,000	£200,857	18% below HPI
2004 30 JUL	£163,000	£157,995	3% above HPI
2001 30 NOV	£112,950	£91,153	24% above HPI

4 CATHEDRAL 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 four 4 CATHEDRAL CLOSE sales between November 2001 and October 2018 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 November 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 CATHEDRAL CLOSE be worth now?

4 CATHEDRAL CLOSE might now be worth an estimated £282,165.

This is based on house price inflation of 35.9%, between October 2018 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.9% inflationary increase is applied to the most recent sale price for 4 CATHEDRAL CLOSE of £207,600 on 12th October 2018. For the value to have increased from £207,600 to £282,165 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 CATHEDRAL CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2018 sale price of £207,600 represented a fair market value for the property.
• The size, condition, and specification of 4 CATHEDRAL CLOSE has not materially changed since October 2018.

How Large is 4 CATHEDRAL CLOSE?

4 CATHEDRAL CLOSE is 98m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 4 CATHEDRAL CLOSE lies on this distribution: 47% of detached houses houses are smaller than 4 CATHEDRAL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Tipton.

4 CATHEDRAL CLOSE: Plot and Title Map

4 CATHEDRAL CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 CATHEDRAL 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 4 CATHEDRAL 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 4 CATHEDRAL CLOSE?

4 CATHEDRAL CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 4 on CATHEDRAL CLOSE.