53, MEDWAY, TAMWORTH, B77 2JN - £180,000

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

53 MEDWAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £180,000 in January 2024, which was around 51% below the average January 2024 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

53 MEDWAY Sold Prices

Land registry data shows three sales for 53 MEDWAY 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 53 MEDWAY 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
2024 26 JAN	£180,000	£366,353	51% below HPI
2017 29 SEP	£135,000	£276,422	51% below HPI
2014 13 JUN	£96,000	£219,931	56% below HPI

53 MEDWAY 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 53 MEDWAY sales between June 2014 and January 2024 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 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2024 sale, which was also at 51% below the HPI.

How Large is 53 MEDWAY?

53 MEDWAY is 79m² according to the EPC inspection conducted in February 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 53 MEDWAY lies on this distribution: 12% of detached houses are smaller than 53 MEDWAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

53 MEDWAY: Plot and Title Map

53 MEDWAY sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 53 MEDWAY, 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 53 MEDWAY). 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 53 MEDWAY?

53 MEDWAY is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 53 on MEDWAY.