2, LOWES DRIVE, TAMWORTH, B77 2TU - £445,000

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 LOWES DRIVE is a very large detached house of 166m², built sometime between 2007 and 2011. It was last sold for £445,000 in August 2022, which was around 22% above the average August 2022 detached price in the Tamworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 LOWES DRIVE Sold Prices

Land registry data shows three sales for 2 LOWES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the three 2 LOWES DRIVE 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
2022 12 AUG	£445,000	£363,377	22% above HPI
2021 23 JUL	£400,000	£320,352	25% above HPI
2013 23 AUG	£317,250	£209,424	51% above HPI

2 LOWES DRIVE 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 three 2 LOWES DRIVE sales between August 2013 and August 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 2021 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 LOWES DRIVE?

2 LOWES DRIVE is 166m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% 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 LOWES DRIVE lies on this distribution: 93% of detached houses are smaller than 2 LOWES DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 LOWES DRIVE: Plot and Title Map

2 LOWES DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 LOWES 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 2 LOWES 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 2 LOWES DRIVE?

2 LOWES DRIVE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 2 on LOWES DRIVE.