27, GAINSBOROUGH DRIVE, MILE OAK, TAMWORTH, B78 3PJ - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 GAINSBOROUGH DRIVE is a very large extended detached house of 183m², built sometime between 1976 and 1982, which could now be worth an estimated £537,004. It was last sold for £335,000 in September 2014, which was around 4% above the average September 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

27 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 27 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 27 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
2014 19 SEP	£335,000	£321,271	4% above HPI
2004 17 DEC	£280,000	£264,477	6% above HPI

27 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 two 27 GAINSBOROUGH DRIVE sales from December 2004 and September 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 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 27 GAINSBOROUGH DRIVE be worth now?

27 GAINSBOROUGH DRIVE might now be worth an estimated £537,004.

This is based on house price inflation of 60.3%, between September 2014 and December 2024, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.3% inflationary increase is applied to the most recent sale price for 27 GAINSBOROUGH DRIVE of £335,000 on 19th September 2014. For the value to have increased from £335,000 to £537,004 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 27 GAINSBOROUGH DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2014 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GAINSBOROUGH DRIVE has not materially changed since September 2014.

How Large is 27 GAINSBOROUGH DRIVE?

27 GAINSBOROUGH DRIVE is 183m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 27 GAINSBOROUGH DRIVE lies on this distribution: 90% of detached houses houses are smaller than 27 GAINSBOROUGH DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

27 GAINSBOROUGH DRIVE: Plot and Title Map

27 GAINSBOROUGH DRIVE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 27 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 27 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 27 GAINSBOROUGH DRIVE?

27 GAINSBOROUGH DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 27 on GAINSBOROUGH DRIVE.