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 NARRAWAY GROVE is a very large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £267,000 in June 2016, which was around 29% above the average June 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 NARRAWAY GROVE 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 5 NARRAWAY GROVE 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 |
---|---|---|---|
2016 17 JUN | £267,000 | £207,408 | 29% above HPI |
2004 28 APR | £190,000 | £158,224 | 20% above HPI |
1996 19 APR | £79,950 | £65,296 | 22% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 5 NARRAWAY GROVE sales between April 1996 and June 2016 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 April 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
5 NARRAWAY GROVE is 126m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 5 NARRAWAY GROVE lies on this distribution: 84% of detached houses are smaller than 5 NARRAWAY GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tipton.
5 NARRAWAY GROVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 5 NARRAWAY GROVE, 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 NARRAWAY GROVE). 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 NARRAWAY GROVE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 5 on NARRAWAY GROVE.