2, LAUREL BANK, TAMWORTH, B79 8BA - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAUREL BANK is a very large extended detached house of 138m², built sometime between 1991 and 1995. It was last sold for £255,000 in June 2015, which was around 11% above the average June 2015 detached price in the Tamworth local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

2 LAUREL BANK Sold Prices

Land registry data shows two sales for 2 LAUREL 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 Tamworth local authority area for the corresponding sale date. Both of the two 2 LAUREL BANK 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
2015 30 JUN	£255,000	£230,432	11% above HPI
1996 2 FEB	£107,500	£75,808	42% above HPI

2 LAUREL BANK 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 2 LAUREL BANK sales from February 1996 and June 2015 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 1996 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 LAUREL BANK?

2 LAUREL BANK is 138m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 2 LAUREL BANK lies on this distribution: 81% of detached houses are smaller than 2 LAUREL BANK, and 19% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 LAUREL BANK: Plot and Title Map

2 LAUREL BANK sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 LAUREL 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 LAUREL 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 LAUREL BANK?

2 LAUREL BANK is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 2 on LAUREL BANK.