21, GAINSBOROUGH DRIVE, MILE OAK, TAMWORTH, B78 3PJ - £510,000

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

21 GAINSBOROUGH DRIVE is a very large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £510,000 in January 2024, which was around 11% above the average January 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

21 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 21 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. All of the three 21 GAINSBOROUGH DRIVE 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 12 JAN	£510,000	£459,640	11% above HPI
2002 9 AUG	£220,000	£183,622	20% above HPI
1998 26 JUN	£115,000	£114,281	1% above HPI

21 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 21 GAINSBOROUGH DRIVE sales between June 1998 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 August 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 21 GAINSBOROUGH DRIVE?

21 GAINSBOROUGH DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 21 GAINSBOROUGH DRIVE lies on this distribution: 80% of detached houses are smaller than 21 GAINSBOROUGH DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

21 GAINSBOROUGH DRIVE: Plot and Title Map

21 GAINSBOROUGH DRIVE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 21 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 21 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 21 GAINSBOROUGH DRIVE?

21 GAINSBOROUGH DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 21 on GAINSBOROUGH DRIVE.