8, RUSSELL CLOSE, TIPTON, DY4 0HZ - £305,000

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

8 RUSSELL CLOSE is a very large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £305,000 in January 2020, which was around 21% above the average January 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

8 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 8 RUSSELL CLOSE 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 8 RUSSELL CLOSE 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
2020 10 JAN	£305,000	£251,367	21% above HPI
2014 15 AUG	£215,000	£181,476	18% above HPI

8 RUSSELL CLOSE 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 8 RUSSELL CLOSE sales from August 2014 and January 2020 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 August 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 RUSSELL CLOSE?

8 RUSSELL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 8 RUSSELL CLOSE lies on this distribution: 82% of detached houses are smaller than 8 RUSSELL CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Tipton.

8 RUSSELL CLOSE: Plot and Title Map

8 RUSSELL CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 8 RUSSELL CLOSE, 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 8 RUSSELL CLOSE). 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 8 RUSSELL CLOSE?

8 RUSSELL CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 8 on RUSSELL CLOSE.