24, REEDMACE, TAMWORTH, B77 1BH - £121,000

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.

24 REEDMACE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £321,088. It was last sold for £121,000 in April 2002, which was around 12% below the average April 2002 detached price in the Tamworth local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

24 REEDMACE Sold Prices

Land registry data shows two sales for 24 REEDMACE 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. One of the two 24 REEDMACE sales was for below the average price, whilst the other was 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
2002 12 APR	£121,000	£137,470	12% below HPI
1996 29 FEB	£77,250	£75,483	2% above HPI

24 REEDMACE 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 REEDMACE sales from February 1996 and April 2002 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 February 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2002 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 REEDMACE be worth now?

24 REEDMACE might now be worth an estimated £321,088.

This is based on house price inflation of 165.4%, between April 2002 and February 2025, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 165.4% inflationary increase is applied to the most recent sale price for 24 REEDMACE of £121,000 on 12th April 2002. For the value to have increased from £121,000 to £321,088 over the 23 years and two months to February 2025, the following assumptions must hold true:

• The value of 24 REEDMACE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The April 2002 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of 24 REEDMACE has not materially changed since April 2002.

How Large is 24 REEDMACE?

24 REEDMACE is 92m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% 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 24 REEDMACE lies on this distribution: 25% of detached houses houses are smaller than 24 REEDMACE, and 75% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

24 REEDMACE: Plot and Title Map

24 REEDMACE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 24 REEDMACE, 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 REEDMACE). 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 REEDMACE?

24 REEDMACE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 24 on REEDMACE.