127, GILLWAY LANE, TAMWORTH, B79 8PJ - £605,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

127 GILLWAY LANE is a very large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £605,000 in January 2024, which was around 65% above the average January 2024 detached price in the Tamworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

127 GILLWAY LANE Sold Prices

Land registry data shows five sales for 127 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the five 127 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
2024 26 JAN	£605,000	£366,353	65% above HPI
2021 30 JUN	£540,000	£312,822	73% above HPI
2002 10 SEP	£242,000	£155,527	56% above HPI
2001 30 MAR	£200,000	£120,345	66% above HPI
1997 20 JUN	£128,000	£80,010	60% above HPI

127 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 five 127 GILLWAY LANE sales between June 1997 and January 2024 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 June 2021 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the January 2024 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 127 GILLWAY LANE?

127 GILLWAY LANE is 144m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 127 GILLWAY LANE lies on this distribution: 85% of detached houses are smaller than 127 GILLWAY LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

127 GILLWAY LANE: Plot and Title Map

127 GILLWAY LANE sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 127 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 127 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 127 GILLWAY LANE?

127 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 127 on GILLWAY LANE.