103, GILLWAY LANE, TAMWORTH, B79 8PJ - £570,000

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.

103 GILLWAY LANE is a very large extended detached house of 217m², built sometime between 1976 and 1982, which could now be worth an estimated £722,646. It was last sold for £570,000 in June 2018, which was around 98% above the average June 2018 detached price in the Tamworth local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

103 GILLWAY LANE Sold Prices

Land registry data shows two sales for 103 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 103 GILLWAY LANE 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
2018 20 JUN	£570,000	£287,737	98% above HPI
2004 17 DEC	£340,000	£210,223	62% above HPI

103 GILLWAY LANE 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 two 103 GILLWAY LANE sales from December 2004 and June 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 December 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2018 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 103 GILLWAY LANE be worth now?

103 GILLWAY LANE might now be worth an estimated £722,646.

This is based on house price inflation of 26.8%, between June 2018 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 26.8% inflationary increase is applied to the most recent sale price for 103 GILLWAY LANE of £570,000 on 20th June 2018. For the value to have increased from £570,000 to £722,646 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 103 GILLWAY LANE has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The June 2018 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 103 GILLWAY LANE has not materially changed since June 2018.

How Large is 103 GILLWAY LANE?

103 GILLWAY LANE is 217m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% 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 103 GILLWAY LANE lies on this distribution: 99% of detached houses houses are smaller than 103 GILLWAY LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

103 GILLWAY LANE: Plot and Title Map

103 GILLWAY LANE sits on a plot of roughly 0.300 of an acre, or 1,215m². The below map shows the location of 103 GILLWAY LANE, 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 103 GILLWAY LANE). 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 103 GILLWAY LANE?

103 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 103 on GILLWAY LANE.