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
4 SHETLAND AVENUE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2020, which was around 14% below the average February 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 SHETLAND AVENUE since 1st 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. Two of the three 4 SHETLAND AVENUE sales were for below the average price, whilst one was 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 20 FEB | £260,000 | £301,882 | 14% below HPI |
2001 30 MAY | £115,000 | £121,666 | 5% below HPI |
1998 26 FEB | £90,000 | £88,432 | 2% above HPI |
The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The three 4 SHETLAND AVENUE sales between February 1998 and February 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 May 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
4 SHETLAND AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 4 SHETLAND AVENUE lies on this distribution: 15% of detached houses are smaller than 4 SHETLAND AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
4 SHETLAND AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 4 SHETLAND AVENUE, 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 4 SHETLAND AVENUE). 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.
4 SHETLAND AVENUE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 4 on SHETLAND AVENUE.