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

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 REEDMACE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2009, which was around 7% 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	£203,614	7% below HPI
1999 1 JUL	£87,600	£98,299	11% below HPI
1998 31 JUL	£94,250	£92,149	2% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2009 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 2 REEDMACE lies on this distribution: 29% of detached 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.