38, ROMAN WAY, TAMWORTH, B79 8NF - £153,000

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

38 ROMAN WAY is a very small semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £153,000 in October 2012, which was around 27% below the average October 2012 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

38 ROMAN WAY Sold Prices

Land registry data shows four sales for 38 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the four 38 ROMAN WAY 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
2012 12 OCT	£153,000	£208,314	27% below HPI
2002 11 JAN	£78,500	£132,253	41% below HPI
1999 26 NOV	£76,000	£102,105	26% below HPI
1996 4 OCT	£56,500	£77,047	27% below HPI

38 ROMAN 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 four 38 ROMAN WAY sales between October 1996 and October 2012 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 January 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2012 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 ROMAN WAY?

38 ROMAN WAY is 86m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 38 ROMAN WAY lies on this distribution: 20% of detached houses are smaller than 38 ROMAN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

38 ROMAN WAY: Plot and Title Map

38 ROMAN WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 38 ROMAN 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 38 ROMAN 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 38 ROMAN WAY?

38 ROMAN WAY is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 38 on ROMAN WAY.