498, WATLING STREET, TWO GATES, TAMWORTH, B77 1HW - £460,000

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

498 WATLING STREET is a very large extended detached house of 200m², built sometime between 1900 and 1929. It was last sold for £460,000 in July 2021, which was around 44% above the average July 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

498 WATLING STREET Sold Prices

Land registry data shows two sales for 498 WATLING STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 498 WATLING STREET 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
2021 22 JUL	£460,000	£320,352	44% above HPI
2013 1 NOV	£322,000	£215,698	49% above HPI

498 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 two 498 WATLING STREET sales from November 2013 and July 2021 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 November 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 498 WATLING STREET?

498 WATLING STREET is 200m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 498 WATLING STREET lies on this distribution: 98% of detached houses are smaller than 498 WATLING STREET, and 2% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

498 WATLING STREET: Plot and Title Map

498 WATLING STREET sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of 498 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 498 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 498 WATLING STREET?

498 WATLING STREET is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 498 on WATLING STREET.