5, IRIS CLOSE, TAMWORTH, B79 8TZ - £160,000

5 IRIS CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £160,000 in May 2010, which was around 22% below the average May 2010 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

5 IRIS CLOSE Sold Prices

Land registry data shows three sales for 5 IRIS 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 5 IRIS 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
2010 21 MAY	£160,000	£204,302	22% below HPI
2000 6 SEP	£87,500	£113,293	23% below HPI
1998 25 JUL	£63,000	£92,149	32% below HPI

5 IRIS 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 5 IRIS CLOSE sales between July 1998 and May 2010 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 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2010 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 IRIS CLOSE?

5 IRIS CLOSE is 76m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 5 IRIS CLOSE lies on this distribution: 10% of detached houses are smaller than 5 IRIS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

5 IRIS CLOSE: Plot and Title Map

5 IRIS CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 5 IRIS 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 5 IRIS 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 5 IRIS CLOSE?

5 IRIS CLOSE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 5 on IRIS CLOSE.