22, GILLWAY LANE, TAMWORTH, B79 8PL - £415,000

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

22 GILLWAY LANE is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £415,000 in July 2024, which was around 6% above the average July 2024 detached price in the Tamworth local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

22 GILLWAY LANE Sold Prices

Land registry data shows three sales for 22 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 22 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 25 JUL	£415,000	£391,350	6% above HPI
2018 6 APR	£378,500	£285,318	33% above HPI
2014 8 AUG	£270,000	£223,392	21% above HPI

22 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 22 GILLWAY LANE sales between August 2014 and July 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 April 2018 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 22 GILLWAY LANE?

22 GILLWAY LANE is 98m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 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 22 GILLWAY LANE lies on this distribution: 33% of detached houses are smaller than 22 GILLWAY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

22 GILLWAY LANE: Plot and Title Map

22 GILLWAY LANE sits on a plot of roughly 0.268 of an acre, or 1,083m². The below map shows the location of 22 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 22 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 22 GILLWAY LANE?

22 GILLWAY LANE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 22 on GILLWAY LANE.