2, THE LAURELS, KINGSBURY, TAMWORTH, B78 2PH - £138,000

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 THE LAURELS is a very small semi-detached house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £136,280. It was last sold for £138,000 in November 2023, which was around 47% below the average November 2023 semi-detached price in the North Warwickshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE LAURELS Sold Prices

Land registry data shows four sales for 2 THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Warwickshire local authority area for the corresponding sale date. All of the four 2 THE LAURELS 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 17 NOV	£138,000	£259,691	47% below HPI
2008 7 OCT	£83,000	£168,067	51% below HPI
2005 26 AUG	£96,950	£163,233	41% below HPI
1998 11 SEP	£39,000	£65,098	40% below HPI

2 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The four 2 THE LAURELS sales between September 1998 and November 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 October 2008 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2023 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 THE LAURELS be worth now?

2 THE LAURELS might now be worth an estimated £136,280.

This is based on house price deflation of 1.2%, between November 2023 and February 2025, for semi-detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 2 THE LAURELS of £138,000 on 17th November 2023. For the value to have decreased from £138,000 to £136,280 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE LAURELS has moved in line with the HPI for semi-detached houses in the North Warwickshire local authority area.
• The November 2023 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LAURELS has not materially changed since November 2023.

How Large is 2 THE LAURELS?

2 THE LAURELS is 45m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of semi-detached houses houses in Kingsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kingsbury, and where 2 THE LAURELS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 THE LAURELS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kingsbury.

2 THE LAURELS: Plot and Title Map

2 THE LAURELS sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 2 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

2 THE LAURELS is located in KINGSBURY, in the B78 postcode district. The below map shows the position of No. 2 on THE LAURELS.