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

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

2 LAUREL BANK is a very large extended detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £405,612. 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	£229,443	11% above HPI
1996 2 FEB	£107,500	£75,483	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.

What might 2 LAUREL BANK be worth now?

2 LAUREL BANK might now be worth an estimated £405,612.

This is based on house price inflation of 59.1%, between June 2015 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 59.1% inflationary increase is applied to the most recent sale price for 2 LAUREL BANK of £255,000 on 30th June 2015. For the value to have increased from £255,000 to £405,612 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 2 LAUREL BANK has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The June 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAUREL BANK has not materially changed since June 2015.

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 houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 2 LAUREL BANK lies on this distribution: 81% of detached houses 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.