4, SURREY DRIVE, TAMWORTH, B78 3XB - £217,000

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

4 SURREY DRIVE is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £217,000 in February 2023, which was around 41% below the average February 2023 detached price in the Tamworth local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 SURREY DRIVE Sold Prices

Land registry data shows four sales for 4 SURREY DRIVE 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 4 SURREY DRIVE 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
2023 10 FEB	£217,000	£367,149	41% below HPI
2017 27 JAN	£165,000	£268,899	39% below HPI
2003 4 JUL	£100,000	£182,490	45% below HPI
1996 27 JUN	£51,000	£77,122	34% below HPI

4 SURREY DRIVE 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 4 SURREY DRIVE sales between June 1996 and February 2023 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 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 SURREY DRIVE?

4 SURREY DRIVE is 52m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 4 SURREY DRIVE lies on this distribution: 1% of detached houses are smaller than 4 SURREY DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

4 SURREY DRIVE: Plot and Title Map

4 SURREY DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 SURREY DRIVE, 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 SURREY DRIVE). 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 4 SURREY DRIVE?

4 SURREY DRIVE is located in TAMWORTH, in the B78 postcode district. The below map shows the position of No. 4 on SURREY DRIVE.