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

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 REEDMACE is a small detached house of 92m², built sometime between 1996 and 2002. 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	£138,063	12% below HPI
1996 29 FEB	£77,250	£75,808	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.

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 in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 24 REEDMACE lies on this distribution: 25% of detached 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.