5, VIOLET CROFT, TIPTON, DY4 0DB - £195,000

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.

5 VIOLET CROFT is a midsized extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £324,725. It was last sold for £195,000 in March 2008, which was around 4% above the average March 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

5 VIOLET CROFT Sold Prices

Land registry data shows two sales for 5 VIOLET CROFT 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 5 VIOLET CROFT 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
2008 14 MAR	£195,000	£187,726	4% above HPI
2000 14 SEP	£103,500	£81,046	28% above HPI

5 VIOLET CROFT 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 5 VIOLET CROFT sales from September 2000 and March 2008 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 September 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2008 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 VIOLET CROFT be worth now?

5 VIOLET CROFT might now be worth an estimated £324,725.

This is based on house price inflation of 66.5%, between March 2008 and March 2025, for 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 66.5% inflationary increase is applied to the most recent sale price for 5 VIOLET CROFT of £195,000 on 14th March 2008. For the value to have increased from £195,000 to £324,725 over the seventeen years to March 2025, the following assumptions must hold true:

• The value of 5 VIOLET CROFT has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2008 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VIOLET CROFT has not materially changed since March 2008.

How Large is 5 VIOLET CROFT?

5 VIOLET CROFT is 101m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 5 VIOLET CROFT lies on this distribution: 53% of detached houses houses are smaller than 5 VIOLET CROFT, and 46% of houses are larger. Note that EPC data is not available for all properties in Tipton.

5 VIOLET CROFT: Plot and Title Map

5 VIOLET CROFT sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 VIOLET CROFT, 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 5 VIOLET CROFT). 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 5 VIOLET CROFT?

5 VIOLET CROFT is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 5 on VIOLET CROFT.