60, AVERN CLOSE, TIPTON, DY4 7ND - £74,995

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.

60 AVERN CLOSE is a very small terraced house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £134,162. It was last sold for £74,995 in June 2007, which was around 31% below the average June 2007 terraced price in the Sandwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was A.

60 AVERN CLOSE Sold Prices

Land registry data shows two sales for 60 AVERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Both of the two 60 AVERN CLOSE 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
2007 29 JUN	£74,995	£108,562	31% below HPI
2001 11 MAY	£31,800	£43,941	28% below HPI

60 AVERN 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 two 60 AVERN CLOSE sales from May 2001 and June 2007 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2007 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 60 AVERN CLOSE be worth now?

60 AVERN CLOSE might now be worth an estimated £134,162.

This is based on house price inflation of 78.9%, between June 2007 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 78.9% inflationary increase is applied to the most recent sale price for 60 AVERN CLOSE of £74,995 on 29th June 2007. For the value to have increased from £74,995 to £134,162 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 60 AVERN CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The June 2007 sale price of £74,995 represented a fair market value for the property.
• The size, condition, and specification of 60 AVERN CLOSE has not materially changed since June 2007.

How Large is 60 AVERN CLOSE?

60 AVERN CLOSE is 40m² according to the EPC inspection conducted in May 2019. 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 60 AVERN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 60 AVERN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tipton.

60 AVERN CLOSE: Plot and Title Map

60 AVERN CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 60 AVERN 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 60 AVERN 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 60 AVERN CLOSE?

60 AVERN CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 60 on AVERN CLOSE.