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
5 GIBBET HILL is a very large detached house of 121m², built sometime from 2007 onwards. It was last sold for £295,000 in January 2018, which was around 29% above the average January 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 GIBBET HILL since 1st 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 5 GIBBET HILL sales 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 22 JAN | £295,000 | £228,442 | 29% above HPI |
2008 14 NOV | £250,000 | £178,212 | 40% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 5 GIBBET HILL sales from November 2008 and January 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 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.
5 GIBBET HILL is 121m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 5 GIBBET HILL lies on this distribution: 85% of detached houses are smaller than 5 GIBBET HILL, and 15% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.
5 GIBBET HILL sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 5 GIBBET HILL, 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 GIBBET HILL). 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 GIBBET HILL is located in TIVIDALE, in the B69 postcode district. The below map shows the position of No. 5 on GIBBET HILL.