56, LOWER CHURCH LANE, TIPTON, DY4 7PG - £265,000

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

56 LOWER CHURCH LANE is a small detached house of 87m². It was last sold for £265,000 in August 2023, which was around 21% below the average August 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

56 LOWER CHURCH LANE Sold Prices

Land registry data shows two sales for 56 LOWER CHURCH LANE since 1^st 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 56 LOWER CHURCH LANE 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
2023 11 AUG	£265,000	£334,860	21% below HPI
2015 30 OCT	£170,000	£198,043	14% below HPI

56 LOWER CHURCH LANE 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 two 56 LOWER CHURCH LANE sales from October 2015 and August 2023 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 October 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 LOWER CHURCH LANE?

56 LOWER CHURCH LANE is 87m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 56 LOWER CHURCH LANE lies on this distribution: 30% of detached houses are smaller than 56 LOWER CHURCH LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Tipton.

56 LOWER CHURCH LANE: Plot and Title Map

56 LOWER CHURCH LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 56 LOWER CHURCH LANE, 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 56 LOWER CHURCH LANE). 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 56 LOWER CHURCH LANE?

56 LOWER CHURCH LANE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 56 on LOWER CHURCH LANE.