Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
24 COBIA is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2022, which was around 30% below the average July 2022 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 24 COBIA since 1st 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 24 COBIA 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 22 JUL | £250,000 | £355,127 | 30% below HPI |
2010 19 NOV | £145,000 | £211,050 | 31% below HPI |
1997 25 APR | £58,000 | £81,359 | 29% below HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The three 24 COBIA sales between April 1997 and July 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 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
24 COBIA is 66m² according to the EPC inspection conducted in November 2021. 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 24 COBIA lies on this distribution: 4% of detached houses are smaller than 24 COBIA, and 96% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
24 COBIA sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 24 COBIA, 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 24 COBIA). 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.
24 COBIA is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 24 on COBIA.