3, NORMAN CLOSE, TAMWORTH, B79 8NQ - £185,000

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

3 NORMAN CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2017, which was around 33% below the average August 2017 detached price in the Tamworth local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

3 NORMAN CLOSE Sold Prices

Land registry data shows two sales for 3 NORMAN 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 3 NORMAN 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
2017 22 AUG	£185,000	£274,624	33% below HPI
2015 5 FEB	£170,500	£231,127	26% below HPI

3 NORMAN 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 3 NORMAN CLOSE sales from February 2015 and August 2017 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 NORMAN CLOSE?

3 NORMAN CLOSE is 76m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 3 NORMAN CLOSE lies on this distribution: 10% of detached houses are smaller than 3 NORMAN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

3 NORMAN CLOSE: Plot and Title Map

3 NORMAN CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 NORMAN 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 3 NORMAN 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 3 NORMAN CLOSE?

3 NORMAN CLOSE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 3 on NORMAN CLOSE.