36, MERCIA CLOSE, TAMWORTH, B79 8LZ - £260,000

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

36 MERCIA CLOSE is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £260,000 in May 2024, which was around 29% below the average May 2024 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

36 MERCIA CLOSE Sold Prices

Land registry data shows three sales for 36 MERCIA 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 36 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
2024 3 MAY	£260,000	£363,763	29% below HPI
2004 22 NOV	£139,950	£211,153	34% below HPI
2001 1 OCT	£85,000	£128,523	34% below HPI

36 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 three 36 MERCIA CLOSE sales between October 2001 and May 2024 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 November 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 36 MERCIA CLOSE?

36 MERCIA CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 36 MERCIA CLOSE lies on this distribution: 21% of detached houses are smaller than 36 MERCIA CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

36 MERCIA CLOSE: Plot and Title Map

36 MERCIA CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 36 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 36 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 36 MERCIA CLOSE?

36 MERCIA CLOSE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 36 on MERCIA CLOSE.