24, NEW STREET, TWO GATES, TAMWORTH, B77 1HD - £260,000

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

24 NEW STREET is a very small detached house of 72m², built sometime from 2012 onwards. It was last sold for £260,000 in August 2023, which was around 30% below the average August 2023 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

24 NEW STREET Sold Prices

Land registry data shows two sales for 24 NEW STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 24 NEW STREET 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 25 AUG	£260,000	£372,260	30% below HPI
2014 19 DEC	£162,000	£231,338	30% below HPI

24 NEW STREET 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 two 24 NEW STREET sales from December 2014 and August 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 December 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, which was also at 30% below the HPI.

How Large is 24 NEW STREET?

24 NEW STREET is 72m² according to the EPC inspection conducted in February 2023. 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 NEW STREET lies on this distribution: 7% of detached houses are smaller than 24 NEW STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

24 NEW STREET: Plot and Title Map

24 NEW STREET sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 24 NEW STREET, 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 NEW STREET). 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 24 NEW STREET?

24 NEW STREET is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 24 on NEW STREET.