123, GILLWAY LANE, TAMWORTH, B79 8PJ - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

123 GILLWAY LANE is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £450,000 in August 2019, which was around 52% above the average August 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

123 GILLWAY LANE Sold Prices

Land registry data shows three sales for 123 GILLWAY LANE 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 123 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
2019 27 AUG	£450,000	£295,701	52% above HPI
2007 25 JUL	£362,500	£228,853	58% above HPI
1999 11 JUN	£147,000	£95,970	53% above HPI

123 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 three 123 GILLWAY LANE sales between June 1999 and August 2019 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 July 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 123 GILLWAY LANE?

123 GILLWAY LANE is 120m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 123 GILLWAY LANE lies on this distribution: 62% of detached houses are smaller than 123 GILLWAY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

123 GILLWAY LANE: Plot and Title Map

123 GILLWAY LANE sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of 123 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 123 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 123 GILLWAY LANE?

123 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 123 on GILLWAY LANE.