2, MEANDER CLOSE, WILNECOTE, TAMWORTH, B77 5FT - £215,000

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 MEANDER CLOSE is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £215,000 in January 2017, which was around 20% below the average January 2017 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 MEANDER CLOSE Sold Prices

Land registry data shows two sales for 2 MEANDER CLOSE 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 MEANDER CLOSE 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
2017 4 JAN	£215,000	£268,899	20% below HPI
2006 29 SEP	£212,000	£221,246	4% below HPI

2 MEANDER CLOSE 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 MEANDER CLOSE sales from September 2006 and January 2017 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 MEANDER CLOSE?

2 MEANDER CLOSE is 77m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 MEANDER CLOSE lies on this distribution: 11% of detached houses are smaller than 2 MEANDER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 MEANDER CLOSE: Plot and Title Map

2 MEANDER CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 MEANDER CLOSE, 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 MEANDER CLOSE). 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 MEANDER CLOSE?

2 MEANDER CLOSE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 2 on MEANDER CLOSE.