40, SOMERSET CLOSE, TAMWORTH, B78 3XH - £84,000

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

40 SOMERSET CLOSE is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £84,000 in June 2002, which was around 41% below the average June 2002 detached price in the Tamworth local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

40 SOMERSET CLOSE Sold Prices

Land registry data shows three sales for 40 SOMERSET 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 40 SOMERSET 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
2002 21 JUN	£84,000	£142,928	41% below HPI
2000 18 DEC	£70,000	£118,831	41% below HPI
1999 10 SEP	£59,000	£101,238	42% below HPI

40 SOMERSET 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 40 SOMERSET CLOSE sales between September 1999 and June 2002 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 December 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2002 sale, which was also at 41% below the HPI.

How Large is 40 SOMERSET CLOSE?

40 SOMERSET CLOSE is 51m² according to the EPC inspection conducted in September 2020. 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 40 SOMERSET CLOSE lies on this distribution: 1% of detached houses are smaller than 40 SOMERSET CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

40 SOMERSET CLOSE: Plot and Title Map

40 SOMERSET CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 40 SOMERSET 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 40 SOMERSET 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 40 SOMERSET CLOSE?

40 SOMERSET CLOSE is located in TAMWORTH, in the B78 postcode district. The below map shows the position of No. 40 on SOMERSET CLOSE.