3A, KEYWORTH CLOSE, TIPTON, DY4 8GA - £109,000

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.

3A KEYWORTH CLOSE is a very small terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £222,574. It was last sold for £109,000 in October 2011, which was around 15% above the average October 2011 terraced price in the Sandwell local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

3A KEYWORTH CLOSE Sold Prices

Land registry data shows three sales for 3A KEYWORTH CLOSE 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. All of the three 3A KEYWORTH 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
2011 31 OCT	£109,000	£95,110	15% above HPI
2007 31 MAY	£120,000	£107,859	11% above HPI
1998 28 AUG	£54,500	£36,987	47% above HPI

3A KEYWORTH CLOSE 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 3A KEYWORTH CLOSE sales between August 1998 and October 2011 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 May 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3A KEYWORTH CLOSE be worth now?

3A KEYWORTH CLOSE might now be worth an estimated £222,574.

This is based on house price inflation of 104.2%, between October 2011 and May 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 104.2% inflationary increase is applied to the most recent sale price for 3A KEYWORTH CLOSE of £109,000 on 31st October 2011. For the value to have increased from £109,000 to £222,574 over the fifteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3A KEYWORTH CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The October 2011 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 3A KEYWORTH CLOSE has not materially changed since October 2011.

How Large is 3A KEYWORTH CLOSE?

3A KEYWORTH CLOSE is 59m² according to the EPC inspection conducted in July 2011. 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 3A KEYWORTH CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 3A KEYWORTH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3A KEYWORTH CLOSE: Plot and Title Map

3A KEYWORTH CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 3A KEYWORTH 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 3A KEYWORTH 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 3A KEYWORTH CLOSE?

3A KEYWORTH CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3A on KEYWORTH CLOSE.