12, REEDMACE, TAMWORTH, B77 1BH - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 REEDMACE is a very large extended detached house of 145m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2010, which was around 10% above the average April 2010 detached price in the Tamworth local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

12 REEDMACE Sold Prices

Land registry data shows four sales for 12 REEDMACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the four 12 REEDMACE 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
2010 30 APR	£225,000	£205,448	10% above HPI
2006 6 NOV	£225,000	£223,243	1% above HPI
2001 7 SEP	£134,950	£129,147	4% above HPI
1997 4 APR	£93,950	£81,359	15% above HPI

12 REEDMACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The four 12 REEDMACE sales between April 1997 and April 2010 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 November 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2010 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 12 REEDMACE?

12 REEDMACE is 145m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 12 REEDMACE lies on this distribution: 86% of detached houses are smaller than 12 REEDMACE, and 14% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

12 REEDMACE: Plot and Title Map

12 REEDMACE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 12 REEDMACE, 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 12 REEDMACE). 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 12 REEDMACE?

12 REEDMACE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 12 on REEDMACE.