FLAT 1, 1, LYCHGATE CLOSE, GLASCOTE, TAMWORTH, B77 2SE - £105,000

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.

FLAT 1 1 LYCHGATE CLOSE is a very small flat of 30m², built sometime from 2007 onwards, which could now be worth an estimated £122,562. It was last sold for £105,000 in March 2019, which was around 4% above the average March 2019 flat price in the Tamworth local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 1 LYCHGATE CLOSE Sold Prices

Land registry data shows three sales for FLAT 1 1 LYCHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Tamworth local authority area for the corresponding sale date. Two of the three FLAT 1 1 LYCHGATE CLOSE sales were for above the average price, whilst one was 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
2019 12 MAR	£105,000	£100,612	4% above HPI
2015 20 JUL	£89,950	£83,695	7% above HPI
2007 31 OCT	£92,995	£94,366	1% below HPI

What might FLAT 1 1 LYCHGATE CLOSE be worth now?

FLAT 1 1 LYCHGATE CLOSE might now be worth an estimated £122,562.

This is based on house price inflation of 16.7%, between March 2019 and May 2026, for flats, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for FLAT 1 1 LYCHGATE CLOSE of £105,000 on 12th March 2019. For the value to have increased from £105,000 to £122,562 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 1 LYCHGATE CLOSE has moved in line with the HPI for flats in the Tamworth local authority area.
• The March 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 1 LYCHGATE CLOSE has not materially changed since March 2019.

How Large is FLAT 1 1 LYCHGATE CLOSE?

FLAT 1 1 LYCHGATE CLOSE is 30m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of flats in Tamworth, based on EPC data. 1% of flats are smaller than FLAT 1 1 LYCHGATE CLOSE, and 99% of flats are larger. Note that EPC data is not available for all properties in Tamworth.

FLAT 1 1 LYCHGATE CLOSE: Plot

FLAT 1 1 LYCHGATE CLOSE sits on a plot of roughly 0.024 of an acre, or 98m².

Where is FLAT 1 1 LYCHGATE CLOSE?

FLAT 1, 1 LYCHGATE CLOSE is located in GLASCOTE, in the B77 postcode district.