8, PALMERSTON AVENUE, WILNECOTE, TAMWORTH, B77 5FE - £230,000

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.

8 PALMERSTON AVENUE is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £287,930. It was last sold for £230,000 in March 2020, which was around 48% above the average March 2020 terraced price in the Tamworth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

8 PALMERSTON AVENUE Sold Prices

Land registry data shows three sales for 8 PALMERSTON AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tamworth local authority area for the corresponding sale date. All of the three 8 PALMERSTON AVENUE 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
2020 31 MAR	£230,000	£154,885	48% above HPI
2015 10 APR	£182,500	£118,797	54% above HPI
2004 27 MAY	£170,950	£98,535	73% above HPI

8 PALMERSTON AVENUE 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 three 8 PALMERSTON AVENUE sales between May 2004 and March 2020 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 2015 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2020 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 8 PALMERSTON AVENUE be worth now?

8 PALMERSTON AVENUE might now be worth an estimated £287,930.

This is based on house price inflation of 25.2%, between March 2020 and October 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 8 PALMERSTON AVENUE of £230,000 on 31st March 2020. For the value to have increased from £230,000 to £287,930 over the four years and five months to October 2025, the following assumptions must hold true:

• The value of 8 PALMERSTON AVENUE has moved in line with the HPI for terraced houses in the Tamworth local authority area.
• The March 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PALMERSTON AVENUE has not materially changed since March 2020.

How Large is 8 PALMERSTON AVENUE?

8 PALMERSTON AVENUE is 94m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 8 PALMERSTON AVENUE lies on this distribution: 28% of terraced houses houses are smaller than 8 PALMERSTON AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

8 PALMERSTON AVENUE: Plot and Title Map

8 PALMERSTON AVENUE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 PALMERSTON AVENUE, 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 8 PALMERSTON AVENUE). 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 8 PALMERSTON AVENUE?

8 PALMERSTON AVENUE is located in WILNECOTE, in the B77 postcode district. The below map shows the position of No. 8 on PALMERSTON AVENUE.