2, SOLWAY CLOSE, TAMWORTH, B79 8EB - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SOLWAY CLOSE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £170,000 in October 2023, which was around 53% below the average October 2023 detached price in the Tamworth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 SOLWAY CLOSE Sold Prices

Land registry data shows three sales for 2 SOLWAY CLOSE 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 SOLWAY 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
2023 20 OCT	£170,000	£363,070	53% below HPI
2003 8 JAN	£111,500	£170,463	35% below HPI
1997 31 OCT	£54,950	£83,826	34% below HPI

2 SOLWAY 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 three 2 SOLWAY CLOSE sales between October 1997 and October 2023 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 January 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 2 SOLWAY CLOSE?

2 SOLWAY CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% 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 SOLWAY CLOSE lies on this distribution: 61% of detached houses are smaller than 2 SOLWAY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 SOLWAY CLOSE: Plot and Title Map

2 SOLWAY CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 SOLWAY 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 SOLWAY 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 SOLWAY CLOSE?

2 SOLWAY CLOSE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 2 on SOLWAY CLOSE.