14, MELMERBY, WILNECOTE, TAMWORTH, B77 4LP - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 MELMERBY is a midsized extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £292,502. It was last sold for £250,000 in September 2020, which was around 21% below the average September 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

14 MELMERBY Sold Prices

Land registry data shows three sales for 14 MELMERBY 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. The three 14 MELMERBY sales were a mix of below the average price, and roughly equal to 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 1 SEP	£250,000	£315,732	21% below HPI
2020 28 AUG	£250,000	£308,619	19% below HPI
1997 8 JUL	£80,000	£80,204	Close to HPI

14 MELMERBY 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 14 MELMERBY sales between July 1997 and September 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 August 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 MELMERBY be worth now?

14 MELMERBY might now be worth an estimated £292,502.

This is based on house price inflation of 17%, between September 2020 and October 2025, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 14 MELMERBY of £250,000 on 1st September 2020. For the value to have increased from £250,000 to £292,502 over the four years and eleven months to October 2025, the following assumptions must hold true:

• The value of 14 MELMERBY has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The September 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MELMERBY has not materially changed since September 2020.

How Large is 14 MELMERBY?

14 MELMERBY is 110m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 14 MELMERBY lies on this distribution: 49% of detached houses houses are smaller than 14 MELMERBY, and 50% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

14 MELMERBY: Plot and Title Map

14 MELMERBY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 14 MELMERBY, 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 14 MELMERBY). 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 14 MELMERBY?

14 MELMERBY is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 14 on MELMERBY.