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
18 NEWSTEAD is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £410,000 in June 2023, which was around 13% above the average June 2023 detached price in the Tamworth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 18 NEWSTEAD since 1st 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. The four 18 NEWSTEAD sales were a mix of above the average price, and roughly equal to 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 30 JUN | £410,000 | £361,456 | 13% above HPI |
2020 30 SEP | £350,000 | £317,093 | 10% above HPI |
2006 8 NOV | £223,250 | £223,243 | Close to HPI |
2003 11 NOV | £200,000 | £177,562 | 13% above HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The four 18 NEWSTEAD sales between November 2003 and June 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 September 2020 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
18 NEWSTEAD is 124m², which includes four extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 18 NEWSTEAD lies on this distribution: 68% of detached houses are smaller than 18 NEWSTEAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
18 NEWSTEAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 NEWSTEAD, 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 NEWSTEAD). 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.
18 NEWSTEAD is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 18 on NEWSTEAD.