2, REEDMACE, TAMWORTH, B77 1BH - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 REEDMACE is a small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £341,871. It was last sold for £190,000 in August 2009, which was around 6% below the average August 2009 detached price in the Tamworth local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

2 REEDMACE Sold Prices

Land registry data shows three sales for 2 REEDMACE 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. Two of the three 2 REEDMACE sales were for below the average price, whilst one was 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
2009 7 AUG	£190,000	£202,739	6% below HPI
1999 1 JUL	£87,600	£97,877	10% below HPI
1998 31 JUL	£94,250	£91,753	3% above HPI

2 REEDMACE 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 REEDMACE sales between July 1998 and August 2009 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 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2009 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 REEDMACE be worth now?

2 REEDMACE might now be worth an estimated £341,871.

This is based on house price inflation of 79.9%, between August 2009 and February 2025, 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 79.9% inflationary increase is applied to the most recent sale price for 2 REEDMACE of £190,000 on 7th August 2009. For the value to have increased from £190,000 to £341,871 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 REEDMACE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The August 2009 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REEDMACE has not materially changed since August 2009.

How Large is 2 REEDMACE?

2 REEDMACE is 95m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% 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 REEDMACE lies on this distribution: 29% of detached houses houses are smaller than 2 REEDMACE, and 71% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 REEDMACE: Plot and Title Map

2 REEDMACE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 REEDMACE, 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 REEDMACE). 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 REEDMACE?

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