5, STEAD CLOSE, TIPTON, DY4 0BJ - £145,000

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 STEAD CLOSE is a small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £291,089. It was last sold for £145,000 in October 2011, which was around 13% below the average October 2011 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

5 STEAD CLOSE Sold Prices

Land registry data shows one sale for 5 STEAD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Sandwell local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 21 OCT	£145,000	£167,035	13% below HPI

What might 5 STEAD CLOSE be worth now?

5 STEAD CLOSE might now be worth an estimated £291,089.

This is based on house price inflation of 100.8%, between October 2011 and May 2026, 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 100.8% inflationary increase is applied to the most recent sale price for 5 STEAD CLOSE of £145,000 on 21st October 2011. For the value to have increased from £145,000 to £291,089 over the fifteen years and five months to May 2026, the following assumptions must hold true:

• The value of 5 STEAD CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STEAD CLOSE has not materially changed since October 2011.

How Large is 5 STEAD CLOSE?

5 STEAD CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses by size in Tipton, and where 5 STEAD CLOSE lies on this distribution: 22% of detached houses are smaller than 5 STEAD CLOSE, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Tipton.

5 STEAD CLOSE: Plot

5 STEAD CLOSE sits on a plot of roughly 0.084 of an acre, or 341m².

Where is 5 STEAD CLOSE?

5 STEAD CLOSE is located in TIPTON, in the DY4 postcode district.