17, MYRTLE TERRACE, TIPTON, DY4 0BX - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 MYRTLE TERRACE is a very small semi-detached house of 51m², built sometime between 1930 and 1949, which could now be worth an estimated £179,550. It was last sold for £110,000 in September 2016, which was around 17% below the average September 2016 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

17 MYRTLE TERRACE Sold Prices

Land registry data shows three sales for 17 MYRTLE TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three 17 MYRTLE TERRACE 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
2016 19 SEP	£110,000	£133,141	17% below HPI
2014 1 OCT	£71,000	£117,559	40% below HPI
2014 29 JUL	£55,000	£113,224	51% below HPI

17 MYRTLE TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 17 MYRTLE TERRACE sales between July 2014 and September 2016 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 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 17 MYRTLE TERRACE be worth now?

17 MYRTLE TERRACE might now be worth an estimated £179,550.

This is based on house price inflation of 63.2%, between September 2016 and February 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.2% inflationary increase is applied to the most recent sale price for 17 MYRTLE TERRACE of £110,000 on 19th September 2016. For the value to have increased from £110,000 to £179,550 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 MYRTLE TERRACE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The September 2016 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MYRTLE TERRACE has not materially changed since September 2016.

How Large is 17 MYRTLE TERRACE?

17 MYRTLE TERRACE is 51m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tipton, and where 17 MYRTLE TERRACE lies on this distribution: 1% of semi-detached houses houses are smaller than 17 MYRTLE TERRACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tipton.

17 MYRTLE TERRACE: Plot and Title Map

17 MYRTLE TERRACE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 17 MYRTLE TERRACE, 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 17 MYRTLE TERRACE). 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 17 MYRTLE TERRACE?

17 MYRTLE TERRACE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 17 on MYRTLE TERRACE.