8, PARKFIELD CLOSE, TAMWORTH, B77 1HE - £203,000

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

8 PARKFIELD CLOSE is a very small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £203,000 in August 2019, which was around 31% below the average August 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

8 PARKFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 PARKFIELD CLOSE 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 8 PARKFIELD 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
2019 6 AUG	£203,000	£295,701	31% below HPI
2018 20 JUL	£5,650	£288,611	98% below HPI

8 PARKFIELD 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 two 8 PARKFIELD CLOSE sales from July 2018 and August 2019 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 July 2018 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the August 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 PARKFIELD CLOSE?

8 PARKFIELD CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 8 PARKFIELD CLOSE lies on this distribution: 10% of detached houses are smaller than 8 PARKFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

8 PARKFIELD CLOSE: Plot and Title Map

8 PARKFIELD CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 8 PARKFIELD 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 8 PARKFIELD 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 8 PARKFIELD CLOSE?

8 PARKFIELD CLOSE is located in TAMWORTH, in the B77 postcode district. The below map shows the position of No. 8 on PARKFIELD CLOSE.