CHESTNUT RISE, TINKERS GREEN ROAD, WILNECOTE, TAMWORTH, B77 5LF - £270,000

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

CHESTNUT RISE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £270,000 in August 2020, which was around 13% below the average August 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

CHESTNUT RISE Sold Prices

Land registry data shows three sales for CHESTNUT RISE 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. One of the three CHESTNUT RISE sales was for below the average price, whilst two 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
2020 28 AUG	£270,000	£309,950	13% below HPI
1999 15 OCT	£125,000	£102,327	22% above HPI
1996 4 OCT	£85,000	£77,047	10% above HPI

CHESTNUT RISE 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 CHESTNUT RISE sales between October 1996 and August 2020 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 October 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CHESTNUT RISE?

CHESTNUT RISE is 89m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where CHESTNUT RISE lies on this distribution: 22% of detached houses are smaller than CHESTNUT RISE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

CHESTNUT RISE: Plot and Title Map

CHESTNUT RISE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of CHESTNUT RISE, 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 CHESTNUT RISE). 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 CHESTNUT RISE?

CHESTNUT RISE is located on TINKERS GREEN ROAD in WILNECOTE, in the B77 postcode district. The below map shows the position of CHESTNUT RISE on TINKERS GREEN ROAD.