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
40 MARSETT is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £278,000 in October 2015, which was around 16% above the average October 2015 detached price in the Tamworth local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 40 MARSETT 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. All of the three 40 MARSETT 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 |
---|---|---|---|
2015 23 OCT | £278,000 | £240,629 | 16% above HPI |
2004 5 MAY | £245,000 | £203,518 | 20% above HPI |
1997 20 JUN | £124,000 | £80,010 | 55% 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 40 MARSETT sales between June 1997 and October 2015 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.
40 MARSETT is 131m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 40 MARSETT lies on this distribution: 75% of detached houses are smaller than 40 MARSETT, and 24% of houses are larger. Note that EPC data is not available for all properties in Tamworth.
40 MARSETT sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 40 MARSETT, 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 40 MARSETT). 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.
40 MARSETT is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 40 on MARSETT.