7, SILVERTREES ROAD, TIPTON, DY4 8NH - £189,000

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 SILVERTREES ROAD is a midsized detached house of 99m², built sometime between 1983 and 1990. It was last sold for £189,000 in June 2014, which was around 3% above the average June 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

7 SILVERTREES ROAD Sold Prices

Land registry data shows two sales for 7 SILVERTREES ROAD 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 SILVERTREES ROAD 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
2014 27 JUN	£189,000	£182,626	3% above HPI
2001 31 JUL	£128,500	£92,725	39% above HPI

7 SILVERTREES ROAD 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 SILVERTREES ROAD sales from July 2001 and June 2014 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 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 SILVERTREES ROAD?

7 SILVERTREES ROAD is 99m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 7 SILVERTREES ROAD lies on this distribution: 48% of detached houses are smaller than 7 SILVERTREES ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Tipton.

7 SILVERTREES ROAD: Plot and Title Map

7 SILVERTREES ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 7 SILVERTREES ROAD, 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 SILVERTREES ROAD). 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 SILVERTREES ROAD?

7 SILVERTREES ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 7 on SILVERTREES ROAD.