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
5 COLVILLE CLOSE is a midsized detached house of 102m², built sometime between 1991 and 1995. It was last sold for £190,000 in June 2008, which was around 2% below the average June 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 5 COLVILLE CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the six 5 COLVILLE 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 |
---|---|---|---|
2008 19 JUN | £190,000 | £194,753 | 2% below HPI |
2006 28 JUL | £162,000 | £183,238 | 12% below HPI |
2005 10 OCT | £160,000 | £179,536 | 11% below HPI |
2003 14 NOV | £138,000 | £145,771 | 5% below HPI |
1998 10 JUN | £72,000 | £73,982 | 3% below HPI |
1996 12 DEC | £67,000 | £70,602 | 5% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The six 5 COLVILLE CLOSE sales between December 1996 and June 2008 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2008 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 COLVILLE CLOSE is 102m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 5 COLVILLE CLOSE lies on this distribution: 56% of detached houses are smaller than 5 COLVILLE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Tipton.
5 COLVILLE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 COLVILLE 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 5 COLVILLE 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.
5 COLVILLE CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 5 on COLVILLE CLOSE.