7, SPRING MEADOW, TIPTON, DY4 7BA - £136,000

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 SPRING MEADOW is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £136,000 in August 2004, which was around 20% below the average August 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

7 SPRING MEADOW Sold Prices

Land registry data shows three sales for 7 SPRING MEADOW since 1^st 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 7 SPRING MEADOW 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
2004 18 AUG	£136,000	£169,936	20% below HPI
2000 27 OCT	£71,500	£85,826	17% below HPI
1996 10 APR	£57,000	£65,296	13% below HPI

7 SPRING MEADOW 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 three 7 SPRING MEADOW sales between April 1996 and August 2004 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2004 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 SPRING MEADOW?

7 SPRING MEADOW is 68m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 7 SPRING MEADOW lies on this distribution: 10% of detached houses are smaller than 7 SPRING MEADOW, and 90% of houses are larger. Note that EPC data is not available for all properties in Tipton.

7 SPRING MEADOW: Plot and Title Map

7 SPRING MEADOW sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 7 SPRING MEADOW, 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 SPRING MEADOW). 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 SPRING MEADOW?

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