27, MERCIA CLOSE, TAMWORTH, B79 8LZ - £285,000

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

27 MERCIA CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £285,000 in July 2022, which was around 20% below the average July 2022 detached price in the Tamworth local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

27 MERCIA CLOSE Sold Prices

Land registry data shows two sales for 27 MERCIA CLOSE 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 27 MERCIA CLOSE 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 15 JUL	£285,000	£355,127	20% below HPI
2007 16 FEB	£169,000	£226,626	25% below HPI

27 MERCIA CLOSE 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 27 MERCIA CLOSE sales from February 2007 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 February 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 27 MERCIA CLOSE?

27 MERCIA CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2021. 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 27 MERCIA CLOSE lies on this distribution: 28% of detached houses are smaller than 27 MERCIA CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

27 MERCIA CLOSE: Plot and Title Map

27 MERCIA CLOSE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 27 MERCIA CLOSE, 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 27 MERCIA CLOSE). 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 27 MERCIA CLOSE?

27 MERCIA CLOSE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 27 on MERCIA CLOSE.