24, NEWSTEAD, TAMWORTH, B79 7UU - £350,000

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 NEWSTEAD is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £350,000 in August 2021, which was around 6% above the average August 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

24 NEWSTEAD Sold Prices

Land registry data shows two sales for 24 NEWSTEAD 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 NEWSTEAD sales were for above 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
2021 20 AUG	£350,000	£330,616	6% above HPI
1996 9 SEP	£86,000	£76,420	13% above HPI

24 NEWSTEAD 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 NEWSTEAD sales from September 1996 and August 2021 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 September 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 NEWSTEAD?

24 NEWSTEAD is 129m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% 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 NEWSTEAD lies on this distribution: 72% of detached houses are smaller than 24 NEWSTEAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

24 NEWSTEAD: Plot and Title Map

24 NEWSTEAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 24 NEWSTEAD, 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 NEWSTEAD). 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 NEWSTEAD?

24 NEWSTEAD is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 24 on NEWSTEAD.