23, MEMORIAL DRIVE, TAMWORTH, B79 8UP - £325,000

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

23 MEMORIAL DRIVE is a very small detached house of 86m². It was last sold for £325,000 in December 2022, which was around 33% below the average December 2022 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.

23 MEMORIAL DRIVE Sold Prices

Land registry data shows two sales for 23 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 23 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
2022 16 DEC	£325,000	£481,631	33% below HPI
2016 25 NOV	£215,000	£348,836	38% below HPI

23 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 23 MEMORIAL DRIVE sales from November 2016 and December 2022 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 November 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 MEMORIAL DRIVE?

23 MEMORIAL DRIVE is 86m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 23 MEMORIAL DRIVE lies on this distribution: 19% of detached houses are smaller than 23 MEMORIAL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

23 MEMORIAL DRIVE: Plot and Title Map

23 MEMORIAL DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 23 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 23 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 23 MEMORIAL DRIVE?

23 MEMORIAL DRIVE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 23 on MEMORIAL DRIVE.