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 WELFORD ROAD is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2021, which was around 18% below the average April 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 12 WELFORD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the three 12 WELFORD ROAD 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 |
---|---|---|---|
2021 29 APR | £250,000 | £306,423 | 18% below HPI |
2017 27 OCT | £190,000 | £279,581 | 32% below HPI |
2003 8 DEC | £64,000 | £183,084 | 65% below HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The three 12 WELFORD ROAD sales between December 2003 and April 2021 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
12 WELFORD ROAD is 99m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% 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 WELFORD ROAD lies on this distribution: 34% of detached houses are smaller than 12 WELFORD ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
12 WELFORD ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 12 WELFORD ROAD, 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 WELFORD ROAD). 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.
12 WELFORD ROAD is located in DOSTHILL, in the B77 postcode district. The below map shows the position of No. 12 on WELFORD ROAD.