18, MEMORIAL DRIVE, TAMWORTH, B79 8UP - £370,000

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.

18 MEMORIAL DRIVE is a large detached house of 126m², which could now be worth an estimated £396,509. It was last sold for £370,000 in March 2023, which was around 22% below the average March 2023 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

18 MEMORIAL DRIVE Sold Prices

Land registry data shows two sales for 18 MEMORIAL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 18 MEMORIAL DRIVE 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
2023 8 MAR	£370,000	£474,689	22% below HPI
2019 26 NOV	£337,950	£382,808	12% below HPI

18 MEMORIAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 18 MEMORIAL DRIVE sales from November 2019 and March 2023 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 MEMORIAL DRIVE be worth now?

18 MEMORIAL DRIVE might now be worth an estimated £396,509.

This is based on house price inflation of 7.2%, between March 2023 and March 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for 18 MEMORIAL DRIVE of £370,000 on 8th March 2023. For the value to have increased from £370,000 to £396,509 over the two years to March 2025, the following assumptions must hold true:

• The value of 18 MEMORIAL DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The March 2023 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MEMORIAL DRIVE has not materially changed since March 2023.

How Large is 18 MEMORIAL DRIVE?

18 MEMORIAL DRIVE is 126m² according to the EPC inspection conducted in October 2019. This puts it in the largest 30% 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 18 MEMORIAL DRIVE lies on this distribution: 69% of detached houses houses are smaller than 18 MEMORIAL DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

18 MEMORIAL DRIVE: Plot and Title Map

18 MEMORIAL DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 18 MEMORIAL DRIVE, 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 18 MEMORIAL DRIVE). 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 18 MEMORIAL DRIVE?

18 MEMORIAL DRIVE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 18 on MEMORIAL DRIVE.