9, THE SQUARE, TIPTON, DY4 0LY - £142,000

9 THE SQUARE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £142,000 in October 2015, which was around 28% below the average October 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

9 THE SQUARE Sold Prices

Land registry data shows four sales for 9 THE SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 9 THE SQUARE 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
2015 30 OCT	£142,000	£198,043	28% below HPI
2008 22 JAN	£23,000	£201,190	89% below HPI
2002 2 DEC	£102,000	£124,265	18% below HPI
1997 29 AUG	£63,000	£71,315	12% below HPI

9 THE SQUARE 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 four 9 THE SQUARE sales between August 1997 and October 2015 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 January 2008 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the October 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 THE SQUARE?

9 THE SQUARE is 87m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 9 THE SQUARE lies on this distribution: 32% of detached houses are smaller than 9 THE SQUARE, and 68% of houses are larger. Note that EPC data is not available for all properties in Tipton.

9 THE SQUARE: Plot and Title Map

9 THE SQUARE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 9 THE SQUARE, 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 9 THE SQUARE). 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 9 THE SQUARE?

9 THE SQUARE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 9 on THE SQUARE.