79, MADIN ROAD, TIPTON, DY4 8JS - £100,000

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

79 MADIN ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £100,000 in October 2006, which was around 47% below the average October 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

79 MADIN ROAD Sold Prices

Land registry data shows two sales for 79 MADIN 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 79 MADIN ROAD 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
2006 30 OCT	£100,000	£188,292	47% below HPI
1999 17 SEP	£41,500	£77,380	46% below HPI

79 MADIN 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 79 MADIN ROAD sales from September 1999 and October 2006 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 September 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2006 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 79 MADIN ROAD?

79 MADIN ROAD is 69m² according to the EPC inspection conducted in July 2015. 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 79 MADIN ROAD lies on this distribution: 11% of detached houses are smaller than 79 MADIN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Tipton.

79 MADIN ROAD: Plot and Title Map

79 MADIN ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 79 MADIN 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 79 MADIN 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 79 MADIN ROAD?

79 MADIN ROAD is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 79 on MADIN ROAD.