29, PETARD CLOSE, TWO GATES, TAMWORTH, B77 1GN - £320,000

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.

29 PETARD CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £382,480. It was last sold for £320,000 in July 2020, which was around 5% above the average July 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

29 PETARD CLOSE Sold Prices

Land registry data shows three sales for 29 PETARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the three 29 PETARD CLOSE 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
2020 16 JUL	£320,000	£305,202	5% above HPI
2020 25 MAR	£320,000	£305,953	5% above HPI
2001 20 AUG	£149,995	£128,263	17% above HPI

29 PETARD 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 three 29 PETARD CLOSE sales between August 2001 and July 2020 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 March 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2020 sale, which was also at 5% above the HPI.

What might 29 PETARD CLOSE be worth now?

29 PETARD CLOSE might now be worth an estimated £382,480.

This is based on house price inflation of 19.5%, between July 2020 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 19.5% inflationary increase is applied to the most recent sale price for 29 PETARD CLOSE of £320,000 on 16th July 2020. For the value to have increased from £320,000 to £382,480 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 29 PETARD CLOSE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The July 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PETARD CLOSE has not materially changed since July 2020.

How Large is 29 PETARD CLOSE?

29 PETARD CLOSE is 149m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 29 PETARD CLOSE lies on this distribution: 87% of detached houses houses are smaller than 29 PETARD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

29 PETARD CLOSE: Plot and Title Map

29 PETARD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 29 PETARD 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 29 PETARD 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 29 PETARD CLOSE?

29 PETARD CLOSE is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 29 on PETARD CLOSE.