38, SCIMITAR CLOSE, TAMWORTH, B79 8LW - £185,000

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 SCIMITAR CLOSE is a very small semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £230,758. It was last sold for £185,000 in February 2019, which was around 2% above the average February 2019 semi-detached price in the Tamworth local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

38 SCIMITAR CLOSE Sold Prices

Land registry data shows two sales for 38 SCIMITAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 38 SCIMITAR CLOSE 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
2019 28 FEB	£185,000	£181,043	2% above HPI
2007 21 SEP	£144,000	£142,378	1% above HPI

38 SCIMITAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tamworth local authority area over time, sourced from the HPI. The two 38 SCIMITAR CLOSE sales from September 2007 and February 2019 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 September 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 38 SCIMITAR CLOSE be worth now?

38 SCIMITAR CLOSE might now be worth an estimated £230,758.

This is based on house price inflation of 24.7%, between February 2019 and February 2025, for semi-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 24.7% inflationary increase is applied to the most recent sale price for 38 SCIMITAR CLOSE of £185,000 on 28th February 2019. For the value to have increased from £185,000 to £230,758 over the six years to February 2025, the following assumptions must hold true:

• The value of 38 SCIMITAR CLOSE has moved in line with the HPI for semi-detached houses in the Tamworth local authority area.
• The February 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SCIMITAR CLOSE has not materially changed since February 2019.

How Large is 38 SCIMITAR CLOSE?

38 SCIMITAR CLOSE is 48m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of semi-detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tamworth, and where 38 SCIMITAR CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 38 SCIMITAR CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

38 SCIMITAR CLOSE: Plot and Title Map

38 SCIMITAR CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 38 SCIMITAR CLOSE, 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 SCIMITAR CLOSE). 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 SCIMITAR CLOSE?

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