28, GAINSBOROUGH DRIVE, MILE OAK, TAMWORTH, B78 3PJ - £300,000

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

28 GAINSBOROUGH DRIVE is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £300,000 in August 2020, which was around 22% below the average August 2020 detached price in the Lichfield 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.

28 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows four sales for 28 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the four 28 GAINSBOROUGH DRIVE sales were for below 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 6 AUG	£300,000	£383,909	22% below HPI
2017 20 SEP	£200,000	£361,566	45% below HPI
2002 3 OCT	£158,000	£190,850	17% below HPI
1997 25 MAR	£96,000	£99,997	4% below HPI

28 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 four 28 GAINSBOROUGH DRIVE sales between March 1997 and August 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 September 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 28 GAINSBOROUGH DRIVE?

28 GAINSBOROUGH DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 28 GAINSBOROUGH DRIVE lies on this distribution: 43% of detached houses are smaller than 28 GAINSBOROUGH DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

28 GAINSBOROUGH DRIVE: Plot and Title Map

28 GAINSBOROUGH DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 28 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 28 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 28 GAINSBOROUGH DRIVE?

28 GAINSBOROUGH DRIVE is located in MILE OAK, in the B78 postcode district. The below map shows the position of No. 28 on GAINSBOROUGH DRIVE.