15, GAINSBOROUGH DRIVE, MILE OAK, TAMWORTH, B78 3PJ - £225,000

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

15 GAINSBOROUGH DRIVE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £225,000 in July 2014, which was around 26% below the average July 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was G, and the potential energy rating was B.

15 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 15 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Two of the three 15 GAINSBOROUGH DRIVE sales were for below the average price, whilst one was 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
2014 15 JUL	£225,000	£305,274	26% below HPI
2006 18 DEC	£241,500	£282,681	15% below HPI
1996 21 JUN	£96,000	£95,435	1% above HPI

15 GAINSBOROUGH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 15 GAINSBOROUGH DRIVE sales between June 1996 and July 2014 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 GAINSBOROUGH DRIVE?

15 GAINSBOROUGH DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 15 GAINSBOROUGH DRIVE lies on this distribution: 55% of detached houses are smaller than 15 GAINSBOROUGH DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

15 GAINSBOROUGH DRIVE: Plot and Title Map

15 GAINSBOROUGH DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 15 GAINSBOROUGH DRIVE, 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 15 GAINSBOROUGH DRIVE). 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 15 GAINSBOROUGH DRIVE?

15 GAINSBOROUGH DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 15 on GAINSBOROUGH DRIVE.