161, GILLWAY LANE, TAMWORTH, B79 8PN - £480,000

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

161 GILLWAY LANE is a large extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £480,000 in November 2020, which was around 52% above the average November 2020 detached price in the Tamworth local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

161 GILLWAY LANE Sold Prices

Land registry data shows three sales for 161 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 161 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
2020 27 NOV	£480,000	£315,119	52% above HPI
2002 7 MAY	£180,000	£140,153	28% above HPI
2001 12 JAN	£150,000	£119,443	26% above HPI

161 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 161 GILLWAY LANE sales between January 2001 and November 2020 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 May 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2020 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 161 GILLWAY LANE?

161 GILLWAY LANE is 122m², which includes two extensions, according to the EPC inspection conducted in February 2020. 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 161 GILLWAY LANE lies on this distribution: 66% of detached houses are smaller than 161 GILLWAY LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

161 GILLWAY LANE: Plot and Title Map

161 GILLWAY LANE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 161 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 161 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 161 GILLWAY LANE?

161 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 161 on GILLWAY LANE.