20, MEMORIAL DRIVE, TAMWORTH, B79 8UP - £276,000

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.

20 MEMORIAL DRIVE is a midsized detached house of 112m², which could now be worth an estimated £357,796. It was last sold for £276,000 in June 2020, which was around 30% below the average June 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

20 MEMORIAL DRIVE Sold Prices

Land registry data shows two sales for 20 MEMORIAL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 20 MEMORIAL DRIVE 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
2020 26 JUN	£276,000	£392,404	30% below HPI
2016 16 DEC	£241,500	£356,290	32% below HPI

20 MEMORIAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 20 MEMORIAL DRIVE sales from December 2016 and June 2020 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 December 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 20 MEMORIAL DRIVE be worth now?

20 MEMORIAL DRIVE might now be worth an estimated £357,796.

This is based on house price inflation of 29.6%, between June 2020 and March 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.6% inflationary increase is applied to the most recent sale price for 20 MEMORIAL DRIVE of £276,000 on 26th June 2020. For the value to have increased from £276,000 to £357,796 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 20 MEMORIAL DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The June 2020 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MEMORIAL DRIVE has not materially changed since June 2020.

How Large is 20 MEMORIAL DRIVE?

20 MEMORIAL DRIVE is 112m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% 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 20 MEMORIAL DRIVE lies on this distribution: 52% of detached houses houses are smaller than 20 MEMORIAL DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

20 MEMORIAL DRIVE: Plot and Title Map

20 MEMORIAL DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 20 MEMORIAL DRIVE, 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 20 MEMORIAL DRIVE). 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 20 MEMORIAL DRIVE?

20 MEMORIAL DRIVE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 20 on MEMORIAL DRIVE.