45, SOMERSET CLOSE, TAMWORTH, B78 3XH - £218,000

45 SOMERSET CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £218,000 in February 2018, which was around 23% below the average February 2018 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

45 SOMERSET CLOSE Sold Prices

Land registry data shows three sales for 45 SOMERSET 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 45 SOMERSET CLOSE 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
2018 2 FEB	£218,000	£282,130	23% below HPI
2002 19 APR	£113,000	£138,063	18% below HPI
1998 26 JUN	£79,500	£91,182	13% below HPI

45 SOMERSET 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 45 SOMERSET CLOSE sales between June 1998 and February 2018 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 April 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 45 SOMERSET CLOSE?

45 SOMERSET CLOSE is 72m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 45 SOMERSET CLOSE lies on this distribution: 7% of detached houses are smaller than 45 SOMERSET CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

45 SOMERSET CLOSE: Plot and Title Map

45 SOMERSET CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 45 SOMERSET 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 45 SOMERSET 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 45 SOMERSET CLOSE?

45 SOMERSET CLOSE is located in TAMWORTH, in the B78 postcode district. The below map shows the position of No. 45 on SOMERSET CLOSE.