9, AVERN CLOSE, TIPTON, DY4 7ND - £97,000

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.

9 AVERN CLOSE is a very small extended semi-detached house of 42m², built sometime between 1991 and 1995, which could now be worth an estimated £145,465. It was last sold for £97,000 in October 2018, which was around 37% below the average October 2018 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was A.

9 AVERN CLOSE Sold Prices

Land registry data shows two sales for 9 AVERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 9 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
2018 19 OCT	£97,000	£154,164	37% below HPI
2001 5 OCT	£34,000	£56,413	40% below HPI

9 AVERN CLOSE 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 two 9 AVERN CLOSE sales from October 2001 and October 2018 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 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 9 AVERN CLOSE be worth now?

9 AVERN CLOSE might now be worth an estimated £145,465.

This is based on house price inflation of 50%, between October 2018 and May 2026, 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 50% inflationary increase is applied to the most recent sale price for 9 AVERN CLOSE of £97,000 on 19th October 2018. For the value to have increased from £97,000 to £145,465 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 9 AVERN CLOSE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The October 2018 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 9 AVERN CLOSE has not materially changed since October 2018.

How Large is 9 AVERN CLOSE?

9 AVERN CLOSE is 42m², which includes one extension, according to the EPC inspection conducted in September 2012. 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 9 AVERN CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 9 AVERN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tipton.

9 AVERN CLOSE: Plot and Title Map

9 AVERN CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 9 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 9 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 9 AVERN CLOSE?

9 AVERN CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 9 on AVERN CLOSE.