38, LUDGATE, TAMWORTH, B79 7EQ - £145,000

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.

38 LUDGATE is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £174,687. It was last sold for £145,000 in March 2021, which was around 11% below the average March 2021 terraced price in the Tamworth local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

38 LUDGATE Sold Prices

Land registry data shows five sales for 38 LUDGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Tamworth local authority area for the corresponding sale date. Most of the five 38 LUDGATE sales 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
2021 26 MAR	£145,000	£162,421	11% below HPI
2012 27 JUL	£118,500	£108,043	10% above HPI
2011 20 JAN	£125,000	£107,491	16% above HPI
2007 20 JUL	£125,000	£120,985	3% above HPI
2004 1 SEP	£103,950	£103,382	1% above HPI

38 LUDGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tamworth local authority area over time, sourced from the HPI. The five 38 LUDGATE sales between September 2004 and March 2021 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 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 38 LUDGATE be worth now?

38 LUDGATE might now be worth an estimated £174,687.

This is based on house price inflation of 20.5%, between March 2021 and May 2026, for terraced 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 20.5% inflationary increase is applied to the most recent sale price for 38 LUDGATE of £145,000 on 26th March 2021. For the value to have increased from £145,000 to £174,687 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 38 LUDGATE has moved in line with the HPI for terraced houses in the Tamworth local authority area.
• The March 2021 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LUDGATE has not materially changed since March 2021.

How Large is 38 LUDGATE?

38 LUDGATE is 70m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of terraced houses houses in Tamworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tamworth, and where 38 LUDGATE lies on this distribution: 6% of terraced houses houses are smaller than 38 LUDGATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

38 LUDGATE: Plot and Title Map

38 LUDGATE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 38 LUDGATE, 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 38 LUDGATE). 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 38 LUDGATE?

38 LUDGATE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 38 on LUDGATE.