41, PETARD CLOSE, TWO GATES, TAMWORTH, B77 1GN - £313,000

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.

41 PETARD CLOSE is a large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £443,341. It was last sold for £313,000 in August 2016, which was around 22% above the average August 2016 detached price in the Tamworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

41 PETARD CLOSE Sold Prices

Land registry data shows three sales for 41 PETARD CLOSE 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. All of the three 41 PETARD 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
2016 26 AUG	£313,000	£257,545	22% above HPI
2003 22 DEC	£225,000	£182,298	23% above HPI
2001 19 DEC	£176,500	£130,341	35% above HPI

41 PETARD CLOSE 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 41 PETARD CLOSE sales between December 2001 and August 2016 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 December 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 41 PETARD CLOSE be worth now?

41 PETARD CLOSE might now be worth an estimated £443,341.

This is based on house price inflation of 41.6%, between August 2016 and February 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 41.6% inflationary increase is applied to the most recent sale price for 41 PETARD CLOSE of £313,000 on 26th August 2016. For the value to have increased from £313,000 to £443,341 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 41 PETARD CLOSE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The August 2016 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PETARD CLOSE has not materially changed since August 2016.

How Large is 41 PETARD CLOSE?

41 PETARD CLOSE is 123m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 41 PETARD CLOSE lies on this distribution: 67% of detached houses houses are smaller than 41 PETARD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

41 PETARD CLOSE: Plot and Title Map

41 PETARD CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 41 PETARD 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 41 PETARD 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 41 PETARD CLOSE?

41 PETARD CLOSE is located in TWO GATES, in the B77 postcode district. The below map shows the position of No. 41 on PETARD CLOSE.