496, WATLING STREET, TWO GATES, TAMWORTH, B77 1HW - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

496 WATLING STREET is a very small detached house of 83m², built sometime between 1900 and 1929. It was last sold for £345,000 in September 2023, which was around 7% below the average September 2023 detached price in the Tamworth local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was A.

496 WATLING STREET Sold Prices

Land registry data shows five sales for 496 WATLING STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Most of the five 496 WATLING STREET 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 11 SEP	£345,000	£372,082	7% below HPI
2021 10 SEP	£290,000	£332,311	13% below HPI
2017 26 MAY	£240,000	£272,680	12% below HPI
1998 3 JUL	£82,950	£92,149	10% below HPI
1995 18 JUL	£76,500	£74,648	2% above HPI

496 WATLING STREET 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 five 496 WATLING STREET sales between July 1995 and September 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 September 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 496 WATLING STREET?

496 WATLING STREET is 83m² according to the EPC inspection conducted in June 2016. 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 496 WATLING STREET lies on this distribution: 16% of detached houses are smaller than 496 WATLING STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

496 WATLING STREET: Plot and Title Map

496 WATLING STREET sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 496 WATLING STREET, 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 496 WATLING STREET). 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 496 WATLING STREET?

496 WATLING STREET is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 496 on WATLING STREET.