2, THE SQUARE, TIPTON, DY4 0LY - £74,000

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.

2 THE SQUARE is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £144,166. It was last sold for £74,000 in October 2014, which was around 27% below the average October 2014 terraced price in the Sandwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

2 THE SQUARE Sold Prices

Land registry data shows three sales for 2 THE SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. One of the three 2 THE SQUARE sales was for below the average price, whilst two 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
2014 31 OCT	£74,000	£101,216	27% below HPI
2002 5 NOV	£62,000	£58,650	6% above HPI
1997 26 SEP	£48,500	£34,836	39% above HPI

2 THE SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 2 THE SQUARE sales between September 1997 and October 2014 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 November 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 THE SQUARE be worth now?

2 THE SQUARE might now be worth an estimated £144,166.

This is based on house price inflation of 94.8%, between October 2014 and April 2026, for terraced 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 94.8% inflationary increase is applied to the most recent sale price for 2 THE SQUARE of £74,000 on 31st October 2014. For the value to have increased from £74,000 to £144,166 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 2 THE SQUARE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The October 2014 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SQUARE has not materially changed since October 2014.

How Large is 2 THE SQUARE?

2 THE SQUARE is 56m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of terraced houses houses in Tipton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tipton, and where 2 THE SQUARE lies on this distribution: 3% of terraced houses houses are smaller than 2 THE SQUARE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tipton.

2 THE SQUARE: Plot and Title Map

2 THE SQUARE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 2 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 2 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 2 THE SQUARE?

2 THE SQUARE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 2 on THE SQUARE.