16, PETARD CLOSE, TWO GATES, TAMWORTH, B77 1GN - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PETARD CLOSE is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £408,783. It was last sold for £235,000 in January 2012, which was around 12% above the average January 2012 detached price in the Tamworth local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

16 PETARD CLOSE Sold Prices

Land registry data shows two sales for 16 PETARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 16 PETARD CLOSE 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
2012 27 JAN	£235,000	£209,807	12% above HPI
2002 22 FEB	£156,000	£132,673	18% above HPI

16 PETARD CLOSE 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 two 16 PETARD CLOSE sales from February 2002 and January 2012 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 February 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2012 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 PETARD CLOSE be worth now?

16 PETARD CLOSE might now be worth an estimated £408,783.

This is based on house price inflation of 74%, between January 2012 and December 2024, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74% inflationary increase is applied to the most recent sale price for 16 PETARD CLOSE of £235,000 on 27th January 2012. For the value to have increased from £235,000 to £408,783 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 16 PETARD CLOSE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The January 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PETARD CLOSE has not materially changed since January 2012.

How Large is 16 PETARD CLOSE?

16 PETARD CLOSE is 114m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 16 PETARD CLOSE lies on this distribution: 56% of detached houses houses are smaller than 16 PETARD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

16 PETARD CLOSE: Plot and Title Map

16 PETARD CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 PETARD 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 16 PETARD 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 16 PETARD CLOSE?

16 PETARD CLOSE is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 16 on PETARD CLOSE.