31, OXBRIDGE WAY, TAMWORTH, B79 7YL - £295,000

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.

31 OXBRIDGE WAY is a midsized extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £367,415. It was last sold for £295,000 in May 2019, which was around 1% above the average May 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

31 OXBRIDGE WAY Sold Prices

Land registry data shows three sales for 31 OXBRIDGE WAY 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 31 OXBRIDGE WAY 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
2019 31 MAY	£295,000	£292,895	1% above HPI
2012 27 APR	£235,000	£214,475	10% above HPI
1999 17 MAR	£117,500	£94,978	24% above HPI

31 OXBRIDGE WAY 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 31 OXBRIDGE WAY sales between March 1999 and May 2019 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 April 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 31 OXBRIDGE WAY be worth now?

31 OXBRIDGE WAY might now be worth an estimated £367,415.

This is based on house price inflation of 24.5%, between May 2019 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 24.5% inflationary increase is applied to the most recent sale price for 31 OXBRIDGE WAY of £295,000 on 31st May 2019. For the value to have increased from £295,000 to £367,415 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 31 OXBRIDGE WAY has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The May 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OXBRIDGE WAY has not materially changed since May 2019.

How Large is 31 OXBRIDGE WAY?

31 OXBRIDGE WAY is 116m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% 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 31 OXBRIDGE WAY lies on this distribution: 57% of detached houses houses are smaller than 31 OXBRIDGE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

31 OXBRIDGE WAY: Plot and Title Map

31 OXBRIDGE WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 31 OXBRIDGE WAY, 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 31 OXBRIDGE WAY). 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 31 OXBRIDGE WAY?

31 OXBRIDGE WAY is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 31 on OXBRIDGE WAY.