141, GILLWAY LANE, TAMWORTH, B79 8PN - £545,000

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

141 GILLWAY LANE is a very large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £545,000 in March 2021, which was around 75% above the average March 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

141 GILLWAY LANE Sold Prices

Land registry data shows four sales for 141 GILLWAY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the four 141 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
2021 5 MAR	£545,000	£311,469	75% above HPI
2006 14 NOV	£435,000	£223,243	95% above HPI
1998 28 MAY	£195,000	£90,246	116% above HPI
1996 10 DEC	£132,500	£79,387	67% above HPI

141 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 four 141 GILLWAY LANE sales between December 1996 and March 2021 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 November 2006 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the March 2021 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 141 GILLWAY LANE?

141 GILLWAY LANE is 144m², which includes one extension, according to the EPC inspection conducted in December 2019. 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 141 GILLWAY LANE lies on this distribution: 85% of detached houses are smaller than 141 GILLWAY LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

141 GILLWAY LANE: Plot and Title Map

141 GILLWAY LANE sits on a plot of roughly 0.215 of an acre, or 868m². The below map shows the location of 141 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 141 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 141 GILLWAY LANE?

141 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 141 on GILLWAY LANE.