4, SPRING MEADOW, TIPTON, DY4 7BA - £130,000

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

4 SPRING MEADOW is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £130,000 in November 2009, which was around 27% below the average November 2009 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

4 SPRING MEADOW Sold Prices

Land registry data shows four sales for 4 SPRING MEADOW 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. All of the four 4 SPRING MEADOW 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
2009 20 NOV	£130,000	£178,179	27% below HPI
2000 27 JUL	£70,500	£83,617	16% below HPI
2000 28 FEB	£64,000	£81,601	22% below HPI
1996 21 MAR	£61,950	£64,026	3% below HPI

4 SPRING MEADOW 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 SPRING MEADOW sales between March 1996 and November 2009 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2009 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 SPRING MEADOW?

4 SPRING MEADOW is 67m² according to the EPC inspection conducted in May 2009. 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 4 SPRING MEADOW lies on this distribution: 9% of detached houses are smaller than 4 SPRING MEADOW, and 91% of houses are larger. Note that EPC data is not available for all properties in Tipton.

4 SPRING MEADOW: Plot and Title Map

4 SPRING MEADOW sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 4 SPRING MEADOW, 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 SPRING MEADOW). 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 SPRING MEADOW?

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