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
4 HIPKINS STREET is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £144,000 in March 2021, which was around 46% below the average March 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 HIPKINS STREET since 1st 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. All of the three 4 HIPKINS 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 |
---|---|---|---|
2021 29 MAR | £144,000 | £268,231 | 46% below HPI |
2019 30 JUL | £92,000 | £244,988 | 62% below HPI |
2019 21 MAY | £100,000 | £242,652 | 59% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 4 HIPKINS STREET sales between May 2019 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 2019 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the March 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
4 HIPKINS STREET is 74m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 4 HIPKINS STREET lies on this distribution: 15% of detached houses are smaller than 4 HIPKINS STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Tipton.
4 HIPKINS STREET sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 HIPKINS 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 4 HIPKINS 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.
4 HIPKINS STREET is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 4 on HIPKINS STREET.