2, TANACETUM DRIVE, WALSALL, WS5 4SL - £292,000

2 TANACETUM DRIVE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £292,000 in August 2023, which was around 12% below the average August 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

2 TANACETUM DRIVE Sold Prices

Land registry data shows four sales for 2 TANACETUM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the four 2 TANACETUM DRIVE 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
2023 31 AUG	£292,000	£333,162	12% below HPI
2023 26 MAY	£290,000	£324,028	11% below HPI
1999 15 OCT	£70,500	£78,166	10% below HPI
1995 13 JAN	£64,950	£60,666	7% above HPI

2 TANACETUM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 2 TANACETUM DRIVE sales between January 1995 and August 2023 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 May 2023 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 TANACETUM DRIVE?

2 TANACETUM DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 2 TANACETUM DRIVE lies on this distribution: 11% of detached houses are smaller than 2 TANACETUM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

2 TANACETUM DRIVE: Plot and Title Map

2 TANACETUM DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 TANACETUM DRIVE, 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 2 TANACETUM DRIVE). 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 2 TANACETUM DRIVE?

2 TANACETUM DRIVE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 2 on TANACETUM DRIVE.