2, STEPHENSON CLOSE, GLASCOTE, TAMWORTH, B77 2DQ - £243,500

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 STEPHENSON CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £243,500 in October 2019, which was around 18% below the average October 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 STEPHENSON CLOSE Sold Prices

Land registry data shows three sales for 2 STEPHENSON 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 STEPHENSON 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
2019 9 OCT	£243,500	£298,075	18% below HPI
2018 31 OCT	£195,000	£297,633	34% below HPI
2017 20 SEP	£189,950	£276,422	31% below HPI

2 STEPHENSON 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 STEPHENSON CLOSE sales between September 2017 and October 2019 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 October 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 STEPHENSON CLOSE?

2 STEPHENSON CLOSE is 70m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 STEPHENSON CLOSE lies on this distribution: 6% of detached houses are smaller than 2 STEPHENSON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 STEPHENSON CLOSE: Plot and Title Map

2 STEPHENSON CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 2 STEPHENSON 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 STEPHENSON 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 STEPHENSON CLOSE?

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