THE BUNGALOW, CHURCH ROAD, ELFORD, TAMWORTH, B79 9DA - £660,000

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

THE BUNGALOW is a very large extended detached house of 225m², built sometime between 1930 and 1949. It was last sold for £660,000 in June 2022, which was around 45% above the average June 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. two of the four THE BUNGALOW sales were for above the average price, and four 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
2022 1 JUN	£660,000	£455,288	45% above HPI
2016 26 JUL	£565,000	£346,649	63% above HPI
2010 22 MAR	£210,000	£285,447	26% below HPI
2010 26 FEB	£140,000	£279,063	50% below HPI

THE BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four THE BUNGALOW sales between February 2010 and June 2022 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 2016 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2022 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 225m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Elford, based on EPC data. The below chart shows the distribution of detached houses by size in Elford, and where THE BUNGALOW lies on this distribution: 83% of detached houses are smaller than THE BUNGALOW, and 17% of houses are larger. Note that EPC data is not available for all properties in Elford.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on CHURCH ROAD in ELFORD, in the B79 postcode district. The below map shows the position of THE BUNGALOW on CHURCH ROAD.