7, LOWER LAPWING PIECE, TIPTON, DY4 9RG - £340,000

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

7 LOWER LAPWING PIECE is a large detached house of 116m², built sometime between 2007 and 2011. It was last sold for £340,000 in May 2023, which was around 4% above the average May 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

7 LOWER LAPWING PIECE Sold Prices

Land registry data shows two sales for 7 LOWER LAPWING PIECE 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 7 LOWER LAPWING PIECE 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
2023 5 MAY	£340,000	£328,159	4% above HPI
2012 1 JUN	£204,000	£173,300	18% above HPI

7 LOWER LAPWING PIECE 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 7 LOWER LAPWING PIECE sales from June 2012 and May 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 June 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 LOWER LAPWING PIECE?

7 LOWER LAPWING PIECE is 116m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 7 LOWER LAPWING PIECE lies on this distribution: 73% of detached houses are smaller than 7 LOWER LAPWING PIECE, and 26% of houses are larger. Note that EPC data is not available for all properties in Tipton.

7 LOWER LAPWING PIECE: Plot and Title Map

7 LOWER LAPWING PIECE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 LOWER LAPWING PIECE, 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 7 LOWER LAPWING PIECE). 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 7 LOWER LAPWING PIECE?

7 LOWER LAPWING PIECE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 7 on LOWER LAPWING PIECE.