2, CLOSE BANK, TUTBURY, BURTON-ON-TRENT, DE13 9HD - £269,000

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

2 CLOSE BANK is a large detached house of 125m², built sometime between 1967 and 1975. It was last sold for £269,000 in March 2022, which was around 16% below the average March 2022 detached price in the East Staffordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was B.

2 CLOSE BANK Sold Prices

Land registry data shows two sales for 2 CLOSE BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Both of the two 2 CLOSE BANK 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
2022 11 MAR	£269,000	£321,352	16% below HPI
1996 15 JUL	£64,000	£68,127	6% below HPI

2 CLOSE BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 2 CLOSE BANK sales from July 1996 and March 2022 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 July 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 CLOSE BANK?

2 CLOSE BANK is 125m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Tutbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tutbury, and where 2 CLOSE BANK lies on this distribution: 62% of detached houses are smaller than 2 CLOSE BANK, and 38% of houses are larger. Note that EPC data is not available for all properties in Tutbury.

2 CLOSE BANK: Plot and Title Map

2 CLOSE BANK sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 2 CLOSE BANK, 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 2 CLOSE BANK). 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 2 CLOSE BANK?

2 CLOSE BANK is located in TUTBURY, in the DE13 postcode district. The below map shows the position of No. 2 on CLOSE BANK.